[Bank of America: If the Fed Cuts Rates Dovishly Next Week, the 'Santa Claus Rally' May Be Derailed] Odaily Planet Daily News – Bank of America strategists stated that if the Federal Reserve adopts an overly cautious economic outlook next week, the year-end stock market rally could be at risk. Currently, the S&P 500 Index (SPX) is nearing its all-time high, and investors are confident in the best-case scenario of 'Fed rate cuts, declining inflation, and resilient economic growth.' However, if the Fed sends a dovish signal at next week's meeting, it could challenge this optimism—because it might imply that the economic slowdown is more severe than expected. Analyst Michael Hartnett wrote in a report: 'The only thing that could stop the Santa Claus rally is a dovish Fed rate cut triggering a sell-off in long-term U.S. Treasury bonds.' (Jin10)