Bank of America warns of 3 looming catalysts that could send the bull market crashing in 2021 – and shares how to position for the 'big change' as the WallStreetBets crowd fight against the system

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A 10% correction is near and 3 catalysts are set to end the bull market in 2021, says Bank of America, accelerated by WallStreetBets war on inequality

, which had been heavily shorted by hedge funds, essentially attempting to play the firms at their own game.Reddit day traders are taking on hedge-fund giants and winning, and it's a sign of a new era for markets

The era of quantitative easing seen over the last decade has driven incredible inequality on Wall Street, said Hartnett, in May."Never in the field of monetary policy was so much gained by so few at the expense of so many," he added.Billionaire investor Ray Dalio warned the US could be on the verge of civil war. Now a prominent market bear is saying investors should monitor this under-the-radar bubble, which could trigger unrest.

In 2020, he said society would reach"peak capitalism" in the coming decade, a point at which capitalism would no longer survive. Hartnett's most recent research note at the end of January suggests society could have already reached that point. Interest rates typically create challenges for growth stocks, which have been one of the main beneficiaries in the bull market rally.Inequality can only end with higher wage inflation for the poor and wealth taxation for the rich, Hartnett said, which could redistribute the wealth from Wall Street to Main Street.

Instead, the early 2020s would look more like the 1970s with stagflation, a situation Hartnett initially laid out in May.

 

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Notice how the current limits on $gme $amc are limited to 1 and 10 shares....Not to mention the market freeze like last week that scared alot of people out of their positions

themoneygame

themoneygame Did you mention institutions shaking foundational faith in the free market through racketeering and manipulation when a stock moves strongly against their position?

Im looking forward to a global crash. It will make me rich.

Load puts

Maybe the promised immediate $2,000 from Biden injected into the markets from individuals will save it. Ohh wait :(

you mean.. how big banks plan to crash the market and blame it on retail traders?

Don’t threaten me with a good time

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