overheated

Bank of America spots too many red flags piling up across this overheated market, JPMorgan traders join the panic with calls for an imminent pullback

Big banks scream take profits right as the highs feel unbreakable BofA Warns It’s Time to ‘Take Profits’ as Red Flags Multiply (Bloomberg) — Investors should exercise caution regarding US stocks as an increasing number of “bear market signposts” point to an approaching top, according to Bank of America Securities. There are “too many red …

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War drama masks overheated markets warning signals. We can’t even get -5% down from the all time high, even though oil goes up, world is on fire, GDP is being revised down every week.

We have now entered the rampant buffoonery phase of this war. However, it appears that both sides are looking for an offramp without admitting as much. Trump has punted the Strait of Hormuz crisis to the rest of the world and Iran has said they will allow the rest of the world to pass through …

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