{"id":28176,"date":"2017-11-21T07:20:59","date_gmt":"2017-11-21T12:20:59","guid":{"rendered":"http:\/\/olduvai.ca\/?p=28176"},"modified":"2017-11-21T07:20:59","modified_gmt":"2017-11-21T12:20:59","slug":"bank-of-america-analyst-a-flash-crash-in-early-2018-seems-quite-likely","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=28176","title":{"rendered":"Bank Of America Analyst: A \u2018Flash Crash\u2019 In Early 2018 \u2018Seems Quite Likely\u2019"},"content":{"rendered":"
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Bank Of America Analyst: A \u2018Flash Crash\u2019 In Early 2018 \u2018Seems Quite Likely\u2019<\/a><\/h3>\n<\/div>\n
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\"\"<\/a>Is the stock market bubble about to burst?\u00a0 I know that I have been touching on this theme over<\/a> and over<\/a> and over again<\/a> in recent weeks, but I can\u2019t help it.\u00a0 Red flags are popping up all over the place, and the last time so many respected experts were warning about an imminent stock market crash was just before the last major financial crisis.\u00a0 Of course nobody can guarantee that global central banks won\u2019t find a way to prolong this bubble just a little bit longer, but at this point they are all removing the artificial support from the markets in coordinated fashion<\/a>.\u00a0 Without that artificial support, it is inevitable that financial markets will experience a correction, and the only real question is what the exact timing will be.<\/p>\n

For example, Bank of America\u2019s Michael Hartnett originally thought that the coming correction would come a bit sooner, but now he is warning of a \u201cflash crash\u201d during the first half of 2018<\/a>\u2026<\/p>\n

Having predicted back in July that the \u201cmost dangerous moment for markets will come in 3 or 4 months<\/a>\u201c, i.e., now, BofA\u2019s Michael Hartnett was \u2013 in retrospect \u2013 wrong (unless of course the S&P plunges in the next few days). However, having stuck to his underlying logic \u2013 which was as sound then as it is now \u2013 Hartnett has not given up on his \u201cbad cop\u201d forecast (not to be mistaken with the S&P target to be unveiled shortly by BofA\u2019s equity team and which will probably be around 2,800), and in a note released overnight, the Chief Investment Strategist not only once again dares to time his market peak forecast, which he now thinks will take place in the first half of 2018, but goes so far as to predict that there will be a flash crash \u201ca la 1987\/1994\/1998<\/em>\u201d in just a few months<\/strong>.<\/p><\/blockquote>\n

That certainly sounds quite ominous.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bank Of America Analyst: A \u2018Flash Crash\u2019 In Early 2018 \u2018Seems Quite Likely\u2019 Is the stock market bubble about to burst?\u00a0 I know that I have been touching on this theme over and over and over again in recent weeks, but I can\u2019t help it.\u00a0 Red flags are popping up all over the place, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[88,16048,16049,122,17120,124,6069,6061,8989,312,16876,16877,7070,1529,4190,6065,4901,662,2731,14890,16878,5221,753,16051],"class_list":["post-28176","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bonds","tag-buy-stocks","tag-buying-stocks","tag-central-bank","tag-central-bank-manipulation","tag-central-banks","tag-economic-collapse-blog","tag-financial","tag-financial-assets","tag-financial-crisis","tag-financial-crisis-2017","tag-financial-crisis-2018","tag-global-stock-market-crash","tag-global-stock-markets","tag-investing","tag-investors","tag-michael-snyder","tag-quantitative-easing","tag-stock-market-crash","tag-stock-market-crash-2017","tag-stock-market-crash-2018","tag-stock-prices","tag-stocks","tag-stocks-go-up-no-matter-what"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/28176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28176"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/28176\/revisions"}],"predecessor-version":[{"id":28177,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/28176\/revisions\/28177"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}