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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.

Gold Falls To $5,300, Silver Slips From Record As Precious Metals Rally Enters 'Dangerous Phase'

Gold (GC=F) fell to around $5,300 after briefly topping $5,600 per ounce on Thursday while silver (SI=F) also pared gains.

Recent

Cloud-Based Wealth Tech

Let’s Use Digital Technology to Transform Not Break Branch Banking

Three months into 2021 and we are seeing more bank branch closures on the cards with HSBC unveiling their plan to close branches.

Cloud-Based Wealth Tech

New challenger Ikigai combines digital banking and wealth management

Ikigai thinks there’s room in the crowded challenger market for a new premium offering that combines digital banking with wealth management.

Cloud-Based Wealth Tech

Embrace Technology: Why AI is an opportunity and not a threat in the wealth management space

Asset managers have big data available to use in natural language processing, image recognition, and machine learning to analyse and uncover new investment opportunities.

Cloud-Based Wealth Tech

Are we nearing the end of “gut feel” for investment decisions?

Canny investors and their financial advisors will do the necessary research before committing to an investment decision, but there are times when “gut feel” is the driving force.

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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’

FundFocus

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

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