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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

There’s a ‘bubble’ in ETFs and Index Funds, says investor made famous by ‘Big Short’

Many market observers have expressed concern about the rush of money into passively managed funds, though few have called it a “bubble.”

News

Why America’s CEOs have turned against their shareholders

The Business Roundtable announced this month that the era of shareholder primacy is over.

News

Man who claimed to be Bitcoin creator Satoshi Nakamoto is ordered by US court to hand over up to $5 BILLION to the estate of his former partner

A U.S. court has ordered an Australian man who claimed to be the creator of Bitcoin to pay up to $5 billion to the estate of his former collaborator.

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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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