BofA’s Hartnett Says Consumer Stocks Best Play for War Aftermath

Investors should buy consumer stocks in a way to play “policy panic” as the US strives to prevent a recession, according to Bank of America’s Michael Hartnett.

President Donald Trump is likely to push for moves that will shield the US consumer from an economic downturn and support his popularity among voters once the Middle East conflict is resolved, the strategist said in a client note.