Michael Hartnett

The pain trade for stocks is still up, despite rising profit expectations, lower rate expectations and falling cash levels, stock allocations continue to drop. There is simply no greed to sell in equities.

Michael Hartnett

money

Big client zeitgeist in past two weeks has unambiguously been to buy the FAANMG (Facebook, Amazon, Apple, Netflix, Microsoft and Google-owner Alphabet) underperformance.

Michael Hartnett

Extreme policy remains best explanation for extreme rally off lows in 2020, consensus macro boom in 2021, we expect peak positioning correction in Q1.

Michael Hartnett