Michael Hartnett

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.   Following Friday's robust labor market data, traders have repriced the Fed's rate path higher, placing greater odds of a...

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.  Corporate earnings are likely...

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. The Commercial Vs. Residential Real Estate Landscape: Commercial mortgage-backed...

"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.  The analyst stated the stock market will attempt...

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'. Assets under management in money market funds have now surged...

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. Unfortunately, Bank of America analyst Michael Hartnett said Friday that the latest commentary and economic projections from the Federal Reserve suggested a soft...

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. Remember This: “We are starting to see some extreme measures...

"The key to making money in stocks is not to get scared out of them." -Peter Lynch The term investing refers to risking one's capital with the hope of generating future returns. Not everyone commits their capital with the same objective, which often varies with age, risk tolerance,...

Bank of America Merrill Lynch's analysts came up with a clever title for their latest research report, which reflects the current state of the bull market. Reuters, citing the research note simply titled 'Bear Capitulation,' reported that investors allocated the most cash into global equity funds...

Fund managers across the world are hoarding cash, according to Bank of America's monthly fund manager survey. The bank's survey consists of 213 fund managers across the world who manage close to $900 billion worth of assets. Only 1 percent of the managers indicated they are overweight equities,...

The Brexit vote is near, markets are struggling to bust out to new highs, and we have bonds no longer moving inversely to the equities. Bank of America's Michael Hartnett published his Fund Managers Survey (FMS) on Tuesday and it shows there are "no bulls on bear mountain" as fund...

According to Bank of America analyst Michael Hartnett, traders should be long cash and volatility and expecting a sharp pullback in the S&P 500. A drop in ISM manufacturing PMI below 45 has coincided with a U.S. recession 11 out of 13 times since World War II. For now, the ISM remains in...

Michael Hartnett, Bank of America's Chief Investment Strategist, stated that cash is outperforming stocks and bonds for the first time since 1990. Hartnett's "Bull & Bear Index" is now the most bearish since October 2011. Hartnett also noted the "Global Wealth...

Buying Bank of America’s Best of Breed (BoB) stocks could be the best way to profit in an uncertain market. BoB stocks have consistently outperformed global equity markets. The Q4 BoB stock screen favors technology and emerging market exposure. With the recent uptick in volatility and...

U.S. stocks declined sharply for the second day in a row as investors found little reason to reverse Thursday's bullish activity. Right off the bat, JPMorgan reported disappointing quarterly results which led to a decline in the S&P 500 index. The Volatility Index, also known as the "fear...