Published on 31 May 2024 on Benzinga
Bank of America Chief Investment Strategist Michael Hartnett has turned bullish on bonds for the second half of the year, while raising heightened risks of a stock market sell-off as investors bet on the first Fed interest rate cut.
Hartnett, known for his bold contrarian market views, reiterated in his latest “The Flow Show” report that the “anything-but-bond” trade will play out for the remainder of the year.