MarketsInsider/Matthew Fox/2-25-2022
“Instead of buying the dips, investors should be selling the rips in the stock market as the Federal Reserve begins to raise interest rates into a bear market, Bank of America said in a Friday note. ‘We believe [the] bull era of central bank excess, Wall Street inflation, [and] globalization [is] ending, and [a] bear era of government intervention, social and political polarization, Main Street inflation, and geopolitical isolationism [is] starting,’ BofA’s Michael Hartnett said.”
USAGOLD note: A notable change in market psychology is on its way if Bank of America’s Hartnett is right on this.
