Bank of America (BofA) analysts have indicated that U.S. stocks may be shielded from significant declines due to the influence of former President Donald Trump. According to BofA's Michael Hartnett, the so-called 'Trump Trade' is expected to provide a protective layer for U.S. equities in 2025. The analysts noted that while U.S. stocks could be insulated from downturns, caution remains warranted, particularly regarding European equities, which face challenges from a strong U.S. dollar and global growth risks. BofA emphasized the need to monitor specific areas of the market closely as they navigate these dynamics.