- Michael Hartnett, Chief Investment Strategist at Bank of America, believes commodities will surpass stocks as the best investment in the coming years due to geopolitical tensions and the AI arms race.
- He emphasizes that investors should heavily allocate to commodities as a hedge against risks like inflation and a weakening dollar, while warning that government bonds face challenges amidst fiscal expansion.
- The strong performance of commodities is already evident, as the Bloomberg Commodity Index has risen by 35% since early 2025, driven by geopolitical conflicts and a transformation in global supply chains.
