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Hartnett: "Us Bears Have Been Wrong, But It Feels Like A Combo Of 2000 And 2008: Big Rally Before Big Collapse"

Tyler Durden's Photo
by Tyler Durden
Saturday, Jun 17, 2023 - 10:16 PM

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..

... and in his latest weekly Flow Show, the "zeitgeist" quote used to frame the report is spot on:

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