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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

Companies

Bridgewater Pushes Back Against Chinese 'All Weather' Copycats

Ray Dalio's huge popularity in China has not only drawn local investors flocking to his funds but also spawned home-grown challengers.

Portfolio Construction

The Worst Is Yet to Come for US Credit Markets, Investors Say in Survey

Ugliest year ever for US corporate-bond investors is expected to get uglier -- and they only have the Federal Reserve to blame.

Companies

Morgan Stanley Fined Over Inaccuracies in Investment Research Reports

Morgan Stanley has agreed to pay $325,000 to settle allegations of factual inaccuracies in some 11,000 equity research reports.

Commentaries

Inflation: Why Mohamed El-Erian is Concerned About 'Collateral Damage'

Renowned economist Mohamed El-Erian believes inflation will come down by the end of the year but “will be sticky.”

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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’

FundFocus

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

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