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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

Commentaries

How to Invest if You’re Worried a Recession Is Coming

Stick to your long-term plan and ignore day-to-day market fluctuations, however frightening they may be. Don't take my word for it. The math backs it.

Commentaries

LPL: A Bad August Statistically Turns Into A Good Year

Following an August when the S&P 500 has fallen more than 1.5%, the Dow performs worse in September, down 1.1% on average. But 4Q is better, LPL says.

Commentaries

How Trump Wins The Trade War

Cheap dollars would give the Chinese more rope to hang themselves with. Holding the line will mean Chinese austerity and unemployment. Fast or slow.

News

Writing Off Burning Man As A Business Expense

As a team-building and creativity-fostering exercise the trip was “amazing,” Genochio said. But the company didn’t get much chance to benefit.

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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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