Stocks' bull run will end in a bubble or recession, says Bank of America strategist

BI

• Stocks are in a "late secular bull market," BofA's Michael Hartnett said in a Friday research note.
• That'll end in either a bubble or a recession, he warned.
• Equities have sputtered recently, with investors fretting about stubborn inflation and slow growth.

The bull market that's pushed stock prices higher for the past year and a half will probably end in tears, Bank of America's Michael Hartnett warned.

Equities are in a "late secular bull market"...