Michael Hartnett

Bond Love Endures for Investors Unconvinced Rally’s Over

Bill Gross, the world’s largest fixed-income manager, says the bull market for bonds may have ended last month. Investors are staying put.

Ebbing Inflation Means More Easy Money

Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.

U.S. Stocks Drop as European Shares Erase Early Gains

U.S. stocks fell for a second day amid disappointing earnings reports and data on leading economic indicators and Philadelphia-area manufacturing that trailed estimates. European shares erased earlier gains while gold rose and oil rebounded from a four-month low.

Gold’s Peak Seen by BofA as End to China’s Leadership in Markets

Gold’s price peak in 2011 probably signals the end of China, emerging economies and commodities leading the financial markets, according to Bank of America Merrill Lynch.

Investors Most Bullish on Japan Stocks Since 2006

Investors are the most bullish on Japanese stocks for more than six years, while they are selling euro-area equities amid renewed concern about the region’s debt crisis, a Bank of America Corp. survey showed.

BofA’s Head of European Equity Research Said to Depart

Gary Baker, Bank of America Corp.’s head of European equities strategy, is being replaced by John Bilton amid a reorganization of the firm’s research department, said three people with direct knowledge of the move.

Risk Unrewarded as Emerging Stocks Lag Behind Most Since ’98

The link between risk and reward in stocks is breaking down as emerging markets post the worst first quarter since 2008 and lag behind shares of developed economies by the most in 15 years.

Stock-Surge Signal for U.S. Has Yet to Arrive

Any multiyear rally in U.S. stocks may depend on a signal that the bond market has yet to send, according to Michael Hartnett, Bank of America Corp.’s chief global equity strategist.

Emerging-Market Fund Flows Signal Drop to Bank of America

Emerging-market stocks are poised to fall after developing-nation equity funds had the biggest weekly inflows in 10 months, exceeding a level that preceded previous selloffs, according to Bank of America Merrill Lynch.

Emerging-Market Stock Fund Inflows Trigger Sell Signal: Technical Analysis

Emerging-market stocks are poised to fall after developing-nation equity funds had the second-biggest inflows this year, exceeding a level that preceded previous selloffs, according to BofA-Merrill Lynch Global Research.

"The risk of a melt-up in stocks is high and rising."

- Michael Hartnett on May 09, 2013

New York

London

China

Japan

Yen Falls to Three-Year Low Versus Euro After BOJ

European Stocks Fall With Oil Before Bernanke; Yen Slides

Gold Advances on Stimulus Speculation Before Bernanke

Samsung-LG Misstep on TV Screens Creates Opening for Sony

Sony Board Discussing Loeb’s Entertainment IPO Proposal