Posts tagged 'Michael Hartnett'

Oh the thinks you can think

Bank of America Merrill Lynch strategist Michael Hartnett has offered a call to arms to thematic thinkers everywhere.

Invoking Dr Seuss he, well, judge for yourself:

In the next 40 years, the world will run out of oil. In the next 10 years, a laptop will communicate faster than a human brain. In the next 10 days, 112,000 people will retire in the US, Japan and Europe. Today, 56% of the world economy has zero interest rate policies. Tomorrow, there will be over 3.3 billion searches on Google. And in the next 10 seconds, the US national debt will rise by $322,000. Cyclical and secular trends are transforming at a fast and meaningful pace.

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If only we had known

Correlation, causation, or Rorschach test we’re not sure, but the latest from BoA ML strategist Michael Harnett leads with a quite remarkable chart.

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This isn’t nuts. Where’s the cash?

Interruption not inflection, says BoAML’s Michael Hartnett, who sees the beginning not the end of the fun.

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Squish puny humans, investment theme du jour

Bank of America Merrill Lynch strategist Michael Hartnet favours themes this year.

Theme number one: it doesn’t feel pity, or remorse, or fear. And it absolutely will not stop.

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That great rotation, charted

Turning on a para-dime…

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‘I believe in the Goldilocks recovery’

Are fund managers becoming complacent? If the latest BofA Merrill Lynch survey of the profession is anything to go by there is certainly reason to think so.

According to the April report the number of investors taking “above normal risk” in their portfolios is now at its highest level since 2006, while the number of respondents predicting above trend growth and below trend inflation has reached its highest reading since February 2008. Read more

‘A rate hike would be bullish’

Here’s an arresting graphic from Merrill Lynch’s chief global strategist, Michael Hartnett.

It shows short term interest rates during the US depression and Japan’s lost decade: Read more