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BofA Says Policy Moves to Keep Stocks Away From Bear Market

(Bloomberg) -- The slump in US stocks is likely to prompt policy intervention from President Donald Trump as well as the Federal Reserve, Bank of America Corp.’s Michael Hartnett said.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of Clo

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A market indicator from early 1900s is blaring an alarm for stocks

(Bloomberg) -- A century-old indicator that has helped predict the direction of the US stock market is signaling more pain ahead for battered investors.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureKnown as the Dow Theory, it

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