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U.S. stocks still face hard landing risks, Bank of America says

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The Federal Reserve may be done hiking rates, but US stocks still face a pullback from the risk of a hard economic landing. Read more.

are a “strong tell” that the Fed would pause rate hikes, and a “benign” reading on jobs data due on Friday would be the “last piece of the Goldilocks jigsaw,” strategist Michael Hartnett said. However, he expects more indications of a so-called hard landing from this month onward.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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