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Deep Tide TechFlow News, March 28, According to Cailian Press, U.S. Bank strategist Michael Hartnett stated that investors should buy consumer stocks to bet on the "policy panic" as the U.S. strives to prevent the economy from slipping into a recession. The strategist mentioned in a client report that once the Middle East conflict is resolved, President Donald Trump is likely to push some measures to protect American consumers from economic downturn shocks and maintain his support among voters.
Hartnett said, "We believe there will be policy panic aimed at avoiding a recession." He added that Trump will seek a "post-war shift" to address affordability issues and declining approval ratings.