BofA strategist says the door is wide open for stock-market bulls, if breadth improves

Published: June 13, 2025 at 8:55 a.m. ET

A BofA strategist says the stock market run can continue as long as the spike in oil prices is not sustained.

Michael Hartnett’s weekly research note highlights the dramatic improvement in market sentiment among U.S investors even if some of that enthusiasm will now be tempered by Friday’s developments in the Middle East.

About the Author

Jules Rimmer is a markets reporter in London.Rimmer spent more than 30 years as a trader and stockbroker in financial markets, starting at Salomon Brothers in the Liar's Poker era, taking in ING Barings, Jefferies and ending it in emerging markets at Investec. He hung up his headset and pivoted to journalism in 2021.