Bank of America strategist continues to say ‘sell the vaccine’ in response to ‘violent inflationary price action’

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven’t been listening. But he continues to say “sell the vaccine,” as he warns about bubble conditions not just in stock but other asset markets.

In his weekly “flow show” report, Hartnett outlined the “violent inflationary price action” over the last two months that has seen bitcoin
BTCUSD,
+2.70%
jump 180%, steel stocks
XME,
-0.75%
surge 61%, European banks
SX7E,
-1.40%
gain 48%, U.S. regional banks
BKX,
+2.36%
rise 41%, small-cap value stocks jump 37%, and emerging-market material…