Michael Hartnett

Wall Street Shifts To 'Bossing The Fed Into Big Rate Cuts' After Bank Of Japan's Policy U-Turn, Analyst Says
'Old School Summer Risk-Off:' VIX Up Over 50%, Nasdaq 100 Enters Correction, Chipmakers Officially In Bear Market; Small Caps Tumble
Contrarian Analyst Turns To Bonds Ahead Of Fed Rate Cuts, Presidential Election: 'Maybe Tariffs Deflationary Not Inflationary'
'Old School Summer Risk-Off:' VIX Up Over 50%, Nasdaq 100 Enters Correction, Chipmakers Officially In Bear Market; Small Caps Tumble
Contrarian Analyst Turns To Bonds Ahead Of Fed Rate Cuts, Presidential Election: 'Maybe Tariffs Deflationary Not Inflationary'
Bank Of America Predicts First Rate Cut In December: 'Higher-For-Longer Flavor'
Bank Of America Strategist Shifts To Bonds: Stock Sell-Off Prophecy On Benign Inflation Comes True

Michael Hartnett Recent News

Soft US Jobs Data Could Trigger Stock Selloff, BofA Strategist Warns
Forecasts for the report, due at 8:30 a.m. on Friday in Washington DC, anticipate that employers increased payrolls by 240,000 in April.
Canada's Capital Gains Tax Rate Jumps To 67%: 'Highly Indebted Western Governments Have Promises To Keep, Wars To Fund,' Strategist Says
Canada is the nation with the world's highest capital gains tax rate, significantly surpassing Denmark's second-place rate of 42%.
US Economy Shifts 'From Goldilocks To Stagflation': Top Wall Street Analyst Explains Why Crypto, Gold Are At All-Time Highs
Bank of America's chief investment strategist, Michael Hartnett, expects the U.S. economy to shift in 2024 from a 'goldilocks' phase into a 'stagflation' scenario.
Tech-Heavy Stock Market Still Has Room To Run, Says Goldman Sachs' 100-Year Analysis
Goldman Sachs Group has a reassuring message for those concerned about the over-concentration of tech stocks in the market: History indicates that the market will continue to rise.
Semiconductor Mania Surges Past Dot-Com Bubble's Peak: 'Abnormal Times,' Top Wall Street Analyst Says
The semiconductor market has surpassed dot-com bubble levels, with a 150% surge in the PHLX Semiconductor Sector Index since October 2022.
Gold, Bitcoin Rally: Is US Debt Surge A Key Driver?
A leading Wall Street investment strategist highlighted the exponential increase in the U.S.
Bitcoin Hits $1-Trillion Value, Nvidia Outweighs Google And Amazon, Hot Inflation Pauses Stock Gains: This Week In The Markets
Bitcoin (CRYPTO: BTC) surged past $50,000 this week, catapulting to a $1-trillion market valuation just a month after the Securities and Exchange Commission granted approval for the first spot Bitcoin exchange-traded fund.
Magnificent 7 Stocks Trigger Concerns Of Market Overheat: Bubble Trouble?
Bank of America's Michael Hartnett's insights reveal common catalysts for market bubbles, including tech innovation and central bank easing. Historic parallels to current Magnificent Seven stocks show potential for future burst, with rising Treasury yields as a harbinger.
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