Rally in equities has a lot of momentum behind them, says Merrill and Bank of America's Chris Hyzy

Chris Hyzy, Merrill & Bank of America Private Bank chief investment officer, joins 'Closing Bell' to discuss Hyzy's thoughts on equity markets, how sold investors are on the 'soft landing', and much more.

[@michaelc1063]

This bull market thats coming will be ferocious!! 😮

[@LaSombraa]

We’ve been in a bull market since 2023. Technically since 2008.

[@Fried52]

@@LaSombraa A new bull market started with a breakout to new highs Nov 2020.

[@illegalsmirf]

@@LaSombraa technically since 1898

[@prolific1518]

Bulls markets aren't birthed in election years. You sheep are clueless.

[@illegalsmirf]

stonks only go up BTFD.

[@WiCapitalco]

No leverage? Credit maxed out, goldman is like 1:135 levered lmfao

[@mrcmid9132]

🤔 The bull market flood gates are wide open!

[@enriqulee94]

Stocks have been running for almost two years now. Recession is coming

[@Fried52]

I've heard recession is coming for better than 3 years now. Mean while folks have missed a 60% move since the Oct 22 lows.

[@enriqulee94]

@@Fried52 buying at all time highs while every recession indicator is going off is a bad idea. The last time the fed cut rates by 50 basis points a recession followed. Not to mention the sahm rule has triggered and the labor market is quickly deteriorating. But hey you do you. I just think there will be a lot of volatility and better entries in the next year or so

[@Fried52]

@@enriqulee94 What recession indicators are going off? People were saying the same things when the market took new highs in Nov 2020 and have since missed almost a 50% move since. The 50 cut was more just an adjustment to get the Funds rate back in line with Treasury rates on the curve. If anything it lessens the chance of recession. Maybe increases the chance of re igniting inflation with a 3.0 GDP print today. And it's tough to make case for the labor market deteriorating with jobless claims sinking to 4-month low. But hey good luck trading.

[@prolific1518]

​@@Fried52 keep betting on Yellen. Don't cry about it later

[@Fried52]

@@prolific1518 She only saved the economy when Bush left us in the 2nd great depression. I'll bet on her anytime.

[@Fried52]

A new bull market started with a breakout to new highs Nov 2020. My S&P 500 year end targets are 6118.34 - 6237.28. That's based on weekly technical indicators and measured moves I saw setting up about 7 months ago. And I guess no one wants to talk about it because they would have to give Biden some credit for something but fundamentally this run should last at least another 3-5 years maybe 7. We have 3.1 trillion $ of bipartisan fiscal stimulus spending in the pipeline to go through. We've spent less than 20% to date. It should keep this economy humming no matter what the Fed does and in the worst case should act as a safety net against recession. We are now on track for back to back 20% years which hasn't happened since the late 90s.

[@prolific1518]

You wrote a lot to be wrong

[@Fried52]

@@prolific1518 Any facts you think you can dispute? My portfolio is up about 27% for the year. And you?

[@Fried52]

@@prolific1518 Just the facts.

[@prolific1518]

@@Fried52 not reading your page of bs

[@Fried52]

@@prolific1518 You can't fix stupid but those little Red Hats sure make it easy to identify. Wearing yours?