Hartnett: What To Trade When This Bubble Bursts
“Buy on the cannons, sell on the trumpets” - Baron Rothschild, appearing as the Zeitgeist quote in Michael Hartnett's May 29 Flow Show
Last week, BofA's Michael Hartnett finally tore off the bandage and admitted that "This Is The Biggest Bubble Since The Railroads", but gave his readers 2 reasons to wait before selling, to wit: "no one is cutting longs in stocks i) before historic IPOs and ii) big top Policy tightening which will come after CPI hits 4-5% in the coming months" which has historically preceded major market drawdowns (as detailed in "Stocks And Bonds Are On A Collision Course").
