How do bull markets end – BofA

While the S&P 500 continues to climb and volatility remains low, Bank of America acknowledges investor concerns about potential warning signs for a market peak. BofA analysts revisited historical data to identify the most reliable indicators of a bull market’s end. According to the bank, is that only 40% of these indicators have currently been triggered, compared […]

Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

Warren Buffett’s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving his gigantic stake in the Houston-based oil and gas producer to almost 29%, according to regulatory filings. The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday, totaling an additional 7.3 million shares with […]

ECB ready to force banks to tackle climate risk, Buch says

Euro zone banks are making progress in tackling climate-related risk but need to do more and the European Central Bank is ready to force them to act if necessary, ECB bank supervisor Claudia Buch said on Tuesday. “Almost all banks see climate-related and environmental risks as material financial risks and are adjusting their risk management […]