BofA strategist predicts 10% stock fall if Democrats sweep Congress

Bank of America's chief equity strategist Michael Hartnett sees stocks falling 10% or more if Democrats sweep Congress in the midterms, according to MarketWatch. That would mean a full correction, cutting portfolio values for savers and 401(k) holders. I'm skeptical of precise pre-election calls — this is one bank's forecast, not what markets have already priced.