BofA Strategist Hartnett Warns Stock Rally Is Exposed to Stagflation Risk

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Soft US Jobs Raise Selloff Risk for Stocks, BofA Strategist Hartnett Says(Bloomberg) -- A weaker jobs report would be a stagflation signal, raising the odds of a selloff in stock markets, according to Bank of America Corp...
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Soft US Jobs Raise Selloff Risk for Stocks, BofA Strategist Hartnett SaysA weaker jobs report would be a stagflation signal, raising the odds of a selloff in stock markets, according to Bank of America Corp. strategist Michael Hartnett.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US Megacaps to Lead Stock Rally Until Real Rates Bite, Says BofAThe US equity market will continue to rely on a handful of megacap stocks for direction until an uptick in real interest rates ignites recession fears, according to Bank of America Corp. strategists.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Gamestop Stock Surge Is a Long Way From 2021’s Meme-Stock FrenzyGameStop Corp. shares more than doubling on no fundamental news. Short sellers getting squeezed and retail traders using same-day options to amplify gains in otherwise beaten-down stocks. Nonsense crypto coins adding more than 1,000%.
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