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Bank of America has found the formula for a market meltdown — and we’re dangerously close

“Meanwhile, experts across Wall Street remain bullish on the stock market” writes Joe Ciolli for businessinsider.com. The firm, which has repeatedly warned of investor overexuberance, has identified what it sees as the perfect storm for a stock market correction — traditionally defined as a 10% selloff — and it involves four different metrics crossing particular thresholds.Let’s break it down: To further drive home just how confident investors still are in the stock market, even at record levels, look no further than recent flows into equity funds.Still, BAML is constructive on…

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Vista Equity explores options for PowerSchool, PeopleAdmin: sources

“(Reuters) – Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter” writes Midwest Communications Inc for 95kqds.com. It completed a $1.55 billion deal to buy Advisory Board’s education business last year.Vista would like to keep a significant stake in the companies in whatever transaction it chooses, and no deal is imminent, the sources added.Deal activity has been…

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No US recession in sight, but here’s what to watch

“When markets overheat, a recession follows, and these concerns are keeping some investors on the sidelines” writes Leia Klingel for foxbusiness.com. According to Wells Fargo’s Investment Institute, sidelined investors could miss out on profits, with tax reform likely to support higher equity levels. Source: foxbusiness.com Share This:

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Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

“NEW YORK, Jan 18 (Reuters) – Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers” reports foxbusiness.com. Wells Fargo & Co, Banco Santander SA, Exane BNP Paribas, Macquarie Group Ltd and Royal Bank of Canada participated in the strategic investment round, the company said on Thursday.Launched in early 2017, Visible Alpha uses technology to help fund managers keep track of the amount and…

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Marlin Equity Partners acquires Luxembourg-based social listening platform Talkwalker; terms of the deal were not disclosed

“Talkwalker, a cloud-based social media listening platform, announced today that it has been acquired by private equity firm, Marlin Equity Partners” writes Ron Miller for techcrunch.com. It’s worth noting it had previously raised over $4 million in equity. Source: techcrunch.com Share This:

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Now is not the time to sell stocks, JP Morgan strategist says

“Global investors should not be put off by current equity market valuations and now is not the time to “de-risk” portfolios, according to one global market strategist” writes Toshifumi Kitamura for cnbc.com. With emerging market valuations starting from a low base, only U.S. valuations look somewhat expensive compared with their long-run average,” he added.”Despite the strong rally, valuations have not changed much since the start of 2017 in Europe, U.K. and Japan, as earnings have grown strongly,” Mike Bell, global market strategist at J.P. Morgan Asset Management, said in a…

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MORGAN STANLEY: We’ve entered the final stage of the stock market’s remarkable rally

“In its 2018 equity outlook, Morgan Stanley makes it clear that we’ve gotten ahead of ourselves” writes Joe Ciolli for businessinsider.com. For an equity bull market, overconfidence can be the kiss of death.To Morgan Stanley, this so-called “euphoria” stage marks the beginning of the end of a bull market.”In fact, there are now signs we have entered into the ‘euphoria’ stage of this bull market.”. At a certain point during an extended stock rally, investors get cocky and continue to pile head-first into positions with little regard for risks. Source: businessinsider.com…

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Boeing’s stock leads the charge to Dow 25,000, adding about 150 points

“Representing around 80% of the investible U.S. equity market, the S&P 500 index SPX, +0.52% is a better representation of market performance” writes Mark Decambre for marketwatch.com. Also read: Dow 25K! Here’s what it says about the stock market. On Thursday, all three main stock benchmarks were trading in record territory, including the technology-laden Nasdaq Composite Index: (Read:MarketWatch’s stock-market snapshot). Source: marketwatch.com Share This:

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Four charts that matter most for the market in 2018

“Nearly every equity market in the world saw solid returns this year, and the U.S. is no exception” writes unknown author for cnbc.com. The upside is likely continue across international markets next year by several technical measures, according to a new analysis from Katie Stockton, chief technical strategist at BTIG. Long-term momentum in the S&P 500 and across “most world equity indices” is strong, Stockton wrote, though on a relative basis the U.S. has given up its leadership to emerging markets and Europe, Australasia and Far East benchmarks after several…

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Here’s what 12 Wall Street pros are predicting for the stock market in 2018

“And all the lead strategists at top Wall Street firms expect many of the same catalysts to lift stocks again in 2018, particularly earnings growth and US economic expansion” writes Business Insider for businessinsider.com. This year is poised to be one of the most profitable for the S&P 500 in this bull market, now entering its ninth year, with a double-digit gain.But 2018 may not rival 2017 as one of the most peaceful in market history. Source: businessinsider.com Share This:

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