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BofA's Hartnett Says Stock Market Ripe for Profit Taking in June
News May 15, 2026 at 11:13 AM
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What You Need To Know
- Growing price pressures are having a broad impact, from energy and transportation costs to rents, the strategist explains.
- For Hartnett and his team, U.S. CPI is on course to exceed 5% by November’s midterm elections.
- "Bull capitulation into stocks and tech likely fully complete in next few weeks, early June ripe for taking some off table," he wrote.
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