Markets poised for ‘big breakout/breakdown’ as dollar weakens: BofA’s Michael Hartnett

May 31, 2025 3:09 PM ETS&P 500 Index (SPX), IXGBy: Rob Williams, SA News Editor6 Comments
(5min)
Wall Street sign, New York City, USA

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Financial markets are entering a high-stakes inflection point, strategists at Bank of America said on Thursday.

Risk assets are “coiled” for a major move -- either an explosive breakout or a sharp breakdown -- with brokers, banks and Bitcoin acting as key indicators, Michael Hartnett, chief U.S. investment strategist at

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