BAML: Stocks are going to 'melt up' 10%
Get ready for a big upswing in the market, according to Bank of America Merril Lynch.
Michael Hartnett, BAML's chief investment strategist, thinks there will be a rapid rise in the stock market in the coming months.
"Our tactical view: after a January/February wobble, we believe stocks & commodities will have one last 10% melt-up in [the first half of the year]," wrote Hartnett.
"Call it the Icarus trade. The current melt up, which started back in Feb 2016, will be followed by a meltdow
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