Bank of America Chief Investment Strategist Michael Hartnett doesn’t believe it’s the start of a ‘brand, new shiny bull market’ but that stocks are headed for ‘big rally before big collapse.’
Bank of America Chief Investment Strategist Michael Hartnett wrote in a note on Friday that he doesn’t believe it’s the start of a ‘brand, new shiny bull market’ but that stocks are headed for ‘big rally before big collapse.’ The benchmark index entered bull market territory on June 8, when it hit a gain of more than 20 percent from the recent lows seen in mid-October.
