‘Once Jobs Go, The Whole Cycle Goes’

"Sell the last hike." That's been the mantra for one of the sell-side's most recognizable names, and he's not about to give up on it now. BofA's semi-famous "Bull & Bear Indicator" dipped further into "extreme bearish" territory this week, a contrarian indicator which began flashing a "buy" signal earlier this month. The bank's Michael Hartnett isn't inclined to ignore his own metric, but he is keen to delineate between a tactical trading opportunity and a durable regime shift. The indica