
BofA’s Hartnett Renews Warnings Around Bubble Risks for Stocks
(Bloomberg) — The risk of a bubble in stock markets is rising as monetary policy loosens alongside an easing in financial regulation, according to Bank of America Corp. (BAC) strategists. Most Read from Bloomberg The team led by Michael Hartnett said the world policy rate has fallen to 4.4% from 4.8% in the past year…