The Latest Breaking News from Michael Hartnett

Growth expectations plummet as fund managers mimic Buffett

Most investors surveyed by Bank of America said a trade war-induced recession is the market’s biggest “tail-risk.”

Fortune · Mar 24, 2025

Bank of America Says RIP to the ‘Bro Bubble.’ Ditch Palantir Stock Now.

As speculative rallies fade, PLTR’s rich valuation tests investor patience.

Barchart · Mar 5, 2025

The 'Magnificent Seven' have dragged the S&P to record highs. Will the moniker remain relevant?

Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla accounted for half of the S&P 500’s total gains last year, according to Morgan Stanley.

Fortune · Jul 15, 2024

March had 'crashy vibes' for the economy and it could mean a recession, BofA says

The Fed's goal of bringing down inflation without triggering a recession may have just gotten a lot harder.

Fortune · Mar 10, 2023

Friday's CPI Print And Recent Price Action Suggest The Market Is Following A 1970's Analog. Bullish For Oil, Bearish For Tech.

That '70s Show In the wake of Friday's soaring CPI print and Bank of America strategist Michael Hartnett's latest note ("A Dire Outlook From Wall Street's Biggest Bear"), it's worth revisiting the '70s bear market analogue he sketched out last month, and how that has panned out so far. 

Benzinga · Jun 13, 2022

Stocks roar back at end of nerve-racking week: Markets wrap

Stocks rallied at the end of a chaotic week in financial markets, with a little help from Federal Reserve Chair Jerome Powell’s reassurance that bigger rate hikes would be off the table for now even after the hot inflation readings of the past few days.

Tribune News Service · May 13, 2022

That '70s Show: Wall Street's Most Accurate Analyst Sees A '70s-Style Oil Spike And Tech Wreck. How We're Positioned For It

The 1970s Bear Market Analog  On Saturday, ZeroHedge reported that Wall Street's most accurate analyst, Bank of America's chief investment strategist Michael Hartnett, sees a strong parallel between our current market environment and the bear market that occurred during the 1970s:

Benzinga · May 9, 2022