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(Bloomberg) -- US bond markets are signaling that equity bulls may be a little too exuberant now. Stocks are close to the most overvalued against corporate credit and Treasuries in about two decades. The earnings yield on S&P 500 shares, the inverse of the price-earnings ratio, is at its lowest level compared with Treasury yields since 2002, signaling that equities are at their most expensive relative to fixed income in decades. For company debt, the S&P 500’s earnings yield, at 3.7%, is close t

Artificial intelligence technology has been a major driver of the bull market over the past couple of years. Technology firms, especially the ‘Magnificent 7’, have powered the S&P 500’s two consecutive years of gains exceeding 20%. And while these mega-cap firms, each valued at more than $1 trillion in market cap, have garnered more than their share of headlines and hype, they are not the only players in the field. In their coverage of the tech sector, Bank of America analysts have turned their

Family-owned businesses are getting ready for a new wave of M&A activity powered by President-elect Donald Trump's promise of a lighter touch

The S&P 500 is off to a solid January start, but investors are concerned over a lack of market breadth.

(Bloomberg) -- A record number of borrowers are selling bonds in Europe on Tuesday, returning from the holidays to take advantage of spreads that are near the tightest in three years. There are 28 issuers looking to raise at least €30.4 billion ($31.7 billion), according to data compiled by Bloomberg, though that amount is likely to grow throughout the day. That’s the most borrowers ever in a single day, according to the data, which goes back a decade.Europe’s primary bond market is just getting

LONDON/SINGAPORE (Reuters) -European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors hoped U.S. President-elect Donald Trump would adopt less aggressive tariffs than previously thought. Europe's continent-wide STOXX 600 index was last up 0.1%, after rising 0.95% on Monday following a news report that said Trump may consider narrower tariffs, which caused shares of automakers to rally. China's CSI 300 index gained 0.7%.

The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the decision "clearly a mistake."