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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

Model Portfolios + Strategists

3D/L: Inflation Or Recession? It Depends

Both spending and employment indicators have shown meaningful slowdown in recent months but are not contracting nor raising recession alarms.

Model Portfolios + Strategists

BlackRock: The Paradox Of Crowds

While stocks and other assets are trading at deep discounts, there isn't much left to lose even if the bull herd is wrong, the BlackRock team writes.

TAMPs

Get The DNA You Need to Grow Your Advisory Business

When DNA sequencing became part of medical science years ago it was believed your fate had already been written in stone because of your heredity in genetic programming.

News

Credit Suisse Steps Up $440 Million Legal Dispute With SoftBank

Credit Suisse Group AG has applied to English High Court to initiate formal legal proceedings against Japan's SoftBank Group Corp over $440M dispute.

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Washington Wire

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

Companies

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

Economy

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

Companies

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

The Trust Advisor

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

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