Source text: Bank of America strategist Michael Hartnett warned that the current risk-off mood in global markets could persist into mid-November, maintaining a tactical cautious stance on risk assets until three key uncertainties resolve: AI financing risk, pressure in the French bond market, and the U.S. midterm elections. In a Friday client note, Hartnett projected the phase could bring "lower yields, lower stocks and a weaker dollar." This marks a shift from his early October view, which argued that a recovery in risk appetite first required the dollar and bond yields to peak. By late October, AI credit risk and political factors had clearly gained weight in his assessment. Target language code: de Translation instructions: This is the news article content. Please maintain the original meaning.