BAML's Hartnett Sees Additional "Melt-Up" In Stock Prices

17Feb2017February 17, 2017

BAML's Hartnett Sees Additional "Melt-Up" In Stock Prices

Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategies, is bullish risk assets based on the bank's positioning, profits and policy analysis. As the stock market continues to climb in the face of political uncertainty, it is “not dangerously euphoric” yet, Hartnett muses. This situation has not played itself out yet, he concludes in a February 7 report titled “Are we there yet? No.”

Stocks look like they are headed towards a "melt-up"
Just over one week after writing his investment analysis, Hartnett . . .

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

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