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BofA’s Hartnett Warns Overbought Global Stocks Face Sell Signal

by The Wealth Advisor Contributor
Global equities are flashing an overbought warning, with moving averages already at levels that historically mark a sell signal for risk assets.

Featured

Wealth Inequality and the ‘K-Shaped’ Economy are More Striking Than Ever, Data Shows

The gap between the best and worse off Americans is growing — and economists don’t see an end in sight.

Trump Nominates Kevin Warsh to be Next Fed Chair

Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.

Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%

Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.

Recent

News

The Fed’s next rate decision can’t hide the fact that stocks are overvalued

The “Fed model” won’t help you position your portfolio in response to the Federal Reserve’s interest-rate decision later this week.

News

Wall Street is way too paranoid about a President Elizabeth Warren

The doom-and-gloom talk of what a Warren Administration would bring has risen to a near-hysterical crescendo.

News

A bear-market catalyst is lying in wait for stocks, warns UBS

“Every bear market of the past 50 years has witnessed an actual decline in S&P 500 forward earnings.”

Washington Wire

Mnuchin, Giuliani, Fund Managers Urge Pardon For Michael Milken

David Bahnsen argued that Milken did not commit any crime worthy of prosecution or prison time and that history has been kinder to junk bonds.

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Popular

Companies

JPMorgan, Bank Of America Announce $1,000 Trump Account Match As Corporate America Support For Retirement Scheme Deepens

Washington Wire

IRS Owes Some Taxpayers Refunds For Pandemic-Era Penalty Tax Relief, Watchdog Audit Finds

Economy

The Dollar Could Have Further To Fall As Its Decline Creates A ‘Double-Edged Sword’ For America

The Trust Advisor

Prince Andrew’s Daughters Beatrice And Eugenie ‘Angry’ As $60 Million Inheritance ‘Wiped Out’

Companies

Hot Takes: Tesla, Meta, And Microsoft Quarters Are Wildly Different

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