Michael Hartnett

Canada's Capital Gains Tax Rate Jumps To 67%: 'Highly Indebted Western Governments Have Promises To Keep, Wars To Fund,' Strategist Says
US Economy Shifts 'From Goldilocks To Stagflation': Top Wall Street Analyst Explains Why Crypto, Gold Are At All-Time Highs
Tech-Heavy Stock Market Still Has Room To Run, Says Goldman Sachs' 100-Year Analysis
US Economy Shifts 'From Goldilocks To Stagflation': Top Wall Street Analyst Explains Why Crypto, Gold Are At All-Time Highs
Tech-Heavy Stock Market Still Has Room To Run, Says Goldman Sachs' 100-Year Analysis
Semiconductor Mania Surges Past Dot-Com Bubble's Peak: 'Abnormal Times,' Top Wall Street Analyst Says
Gold, Bitcoin Rally: Is US Debt Surge A Key Driver?

Michael Hartnett Recent News

Could Empty Office Space Spark 'Systemic Credit Event' At Regional Banks?
16% of top investors see a credit event as a possible risk for 2024, according to BofA survey.
Super Bowl Ad Costs Race Past Inflation: $7M Commercial Is Equivalent To $61 Gas, $340 6-Pack
The cost of Super Bowl commercials has risen faster than inflation. Brands continue to bet on strong viewership and the Super Bowl being one of best ways to get word out on products.
Goldilocks 2024: Investors Increasingly Optimistic On Profits Outlook For Next Year
Equity allocation is on the rise as investors expect rally to continue, but some trades are becoming overcrowded, particularly Big Tech.
Markets Go 'All-In' On Fed Pivot: Bank of America Forecasts 152 Global Interest Rate Cuts For 2024
Bank of America strategist predicts 152 rate cuts in 2024, sparking a rally in risk assets. Markets are expecting a 4.6% rate in 2024.
Investors Flood $40 Billion Into Equities Over Two Weeks, Fueling S&P 500's Strongest November Since 1980
Investors have injected a staggering $40 billion into equities over the past two weeks, propelling the S&P 500 index to its most robust monthly performance in 2023.
Investors Turn Bullish On Energy Stocks Despite Wall Street Skepticism: Portfolio Allocations Increase
'Stocks In Monopolistic Bull Market': Wall Street Analyst Contemplates A Bright Future For Next Phase
The analyst illustrated how the dominant force in stock market returns for 2023 has been the "Magnificent 7."
'Magnificent 7' Tech Bubble To Burst With 'Higher-For-Longer' Rates, Top Wall Street Analyst Warns
Top Wall Street Analyst Sounds Alarm: Major Market Collapse Could Follow AI-Driven Rally, Echoing 2000 And 2008
In his latest “The Flow Show” report, Bank of America’s chief investment strategist, Michael Hartnett, continues to express pessimistic views on the stock market.
'Buy China, Sell AI' Is The Ultimate Contrarian Trade By This Top Wall Street Analyst: Find Out Why
As investors continue to flock to technology firms on the back of the AI boom, contrarian investors on Wall Street are contemplating the next move to profit on setbacks from the current market euphoria.
Analyst Labels AI As 'Infant Bubble,' Warns Federal Action Could Burst It: 3 Investor Lessons From Dot-Com Collapse
Bank of America's chief investment strategist Michael Hartnett called the AI a "baby bubble" with inflationary effects for the economy in his most recent 'The Flow Show' report. 
It's Been 70 Years Since A President With Unemployment At 3.4% Had Approval Ratings As Low As Biden's
President Joe Biden's first term in office has been a unique one from an economic perspective, and Biden now finds himself in a situation that no other U.S. president has faced since 1952.
Debt Ceiling Standoff Ending Will Push Fed To Restart Quantitative Easing, Analyst Says
If the debt ceiling dispute triggers an abrupt risk-off in financial markets, the Federal Reserve will then resume quantitative easing, as the Bank of England did in September, said Bank of America chief investment strategist Michael Hartnett in a recent report.&
BofA Strategist Says Central Banks Are Locked In High Inflation, Predicts Drop In Stock Earnings
A structurally higher inflation is currently being "locked in" by central banks, which will force the stock market to re-adjust to a new inflation-interest rate regime over the coming years, said Michael Hartnett, chief investment strategist at Bank of America Securities. 
BofA Fund Manager Survey: Investors Underweight In Stocks Reaches 2009 Crisis Levels
The risk appetite of investors remains depressed, not far from the extreme pessimism of 2022 and comparable to the levels of the 2009 Great Financial Crisis, according to the most recent Global Fund Manager Survey (FMS) conducted by Ba
BofA Chief Strategist Calls For A 20% US Dollar Selloff, Turns Bullish On Gold And The Euro
Michael Hartnett, chief investment strategist at Bank of America, projected the start of a bear market for the U.S. dollar, predicting a 20% loss in the U.S. dollar index (DXY).
US Equity Indices Drop As Traders Reassess Fed Hikes: Rate-Sensitive Real Estate, Tech Stocks Underperform
The week kicked off with a significantly different and more risk-averse tone than the one that surrounded the U.S. stock market over the last month.  
S&P 500 Has Plenty of Room To Fall As Recessionary Warnings Get Louder: BofA
The recession drumbeat is becoming increasingly louder, and investors are overly optimistic about Fed rate cuts and not worried enough about an economic slowdown, Bank of America Securities Chief Investment Strategist Michael Hartnett said Monday. 
3 Winners And 3 Losers In Real Estate As Pressure Grows On Commercial Properties
The real estate sector has returned to the spotlight in recent weeks as a result of a number of shocks, including a drop in the values of commercial real estate assets and a fall in interest rate expectations.
'Sell The Last Rate Hike': BofA Sees Stock Market Tumbling On Bearish Sentiment, Regional Bank Run
"Ain't nothing more dangerous than a bear at the end of a bear market," Bank of America investment strategist Michael Hartnett said about the stock market in his latest "The Flow Show" report. 
BofA: Bubble Expanding Into Money Market Funds As AUM Tops Record Of $5.1 Trillion
Money market funds will witness the next bubble as investors flee to cash and buy safe short-term Treasuries, Bank of America (NYSE: BAC) investment strategist Michael Hartnett predicted in his latest 'The Flow Show'.
Is The Fed Making A 'Policy Mistake' That Will Guarantee A 2023 Recession?
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.4% on Friday as the market headed for its second straight weekly decline.
'Extreme Measures Of Sentiment': Stock Market Update For The Week Ahead
The Past Week, In A Nutshell What Happened: In an extension of the sharp rotation out of safety on a sustained economic rebound after the COVID-19 coronavirus pandemic, stretched sentiment propelled stocks to record closing highs.