It's not very often that BofA's Michael Hartnett is wrong, but after calling the market in 2022 - and all the key turning points - with eerie precision, the past three weeks have shown that nobody bats 1000 in this business. But, unlike so many of his peers, Hartnett - who knows that he will be proven right soon - is happy to poke fun at his recent forecast inaccuracy for the third week in a row after two sincere confessions..
- Hartnett: "We Remain Bearish (And Wrong)"
- Hartnett: "We Still Remain Bearish Because The Math Does Not Add Up"
... and in his latest weekly Flow Show, the "zeitgeist" quote used to frame the report is spot on:
