Bank of America: As the US strives to avoid a recession, investors should buy consumer stocks

```htmlGolden Ten Data, March 27｜Bank of America strategist Michael Hartnett stated that as the United States strives to avoid an economic recession, investors should buy consumer stocks to position themselves for a "policy-driven market rescue." In a client report, he noted that once the Middle East conflict concludes, President Trump is likely to promote measures that both protect American consumers from economic downturns and strengthen his voter support base. "We anticipate the emergence of policy initiatives to prevent recession," Hartnett said, adding that Trump is seeking a "post-war shift to address the burdens on people's livelihoods and the decline in approval ratings." He also mentioned that the government may introduce policies such as Universal Basic Income (UBI) to secure workers' incomes.```