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Michael Hartnett has raised concerns about the S&P 500's record-high price-to-book ratio, indicating the possibility of an AI ...
A dovish tone from Fed Chair Jerome Powell at the conference in Wyoming on Aug. 21-23 could see stocks sliding as investors ...
The team led by Michael Hartnett said investors have flocked into risky assets from equities to cryptocurrencies and corporate bonds on optimism that the central bank will reduce interest rates to ...
With U.S. stocks sitting near record highs, Wall Street analysts say one key metric is starting to draw dotcom bubble comparisons. The S&P 500's price-to-book value ratio has climbed to 5.3, a touch ...
A staggering 38% of the S&P 500 is in "Ten Titans," but there are low-cost growth ETFs with even more exposure. One fund is ...
Hartnett has remained broadly bearish on US stocks this year, a view that played out over the summer as the S&P 500 dropped 10% from a July peak. He struck a rare bullish tone last week when he ...
Is this time different? "It better be," warns BofA strategist Michael Hartnett. By one metric, stock valuations are beyond what was seen in 2000.
The team led by Michael Hartnett said the world policy rate has fallen to 4.4% from 4.8% in the past year as central banks in the US, UK, Europe and China slashed borrowing costs.
Stock markets will suffer in the first quarter of 2024 as a rally in bonds would signal sputtering economic growth, according to Bank of America Corp.’s Michael Hartnett. The strategist — who ...
Investing.com -- Investors directed significant funds toward cash and bonds in the past week, according to Bank of America (NYSE:BAC). Strategists led by Michael Hartnett noted that if the S&P 500 ...
Bank of America investment strategist Michael Hartnett is shaking up his trading playbook for the second half of the year. In a note on Friday, Hartnett recommended investors buy dips in bonds and ...
Michael Hartnett died in St Vincent’s Hospital, Dublin, on October 13, 1999, at the age of 58. He had, said Seamus Heaney in his funeral eulogy, “an intensity that seemed death-proof.