Bank of America ( BAC) just waved a not-so-subtle red flag for bond market investors and anyone positioned in the stock market. In a new Flow Show note, chief equity strategist Michael Hartnett argued that the era “anything but bonds” is here, and that the traditional safety trade has failed.

U.S. stocks closed sharply higher on Wednesday as investors reacted to President Trump's decision to reverse his tariff threats against European allies.

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Stocks have an opportunity to finish the week on strong footing after a rough start

Retail traders parse fresh funding talk, a Walmart pact, and a cautious Wall Street reset for this hydrogen player, today, Jan. 22, 2026.

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The popularity of one asset class may portend trouble for Wall Street.

COIN stock dropped 90.9% from a peak of $357.39 on November 9, 2021, to $32.53 on December 28, 2022, compared to a peak-to-trough decline of 25.4% for the S&P 500. However, the stock fully recovered to its pre-crisis peak by June 26, 2025. Since that period, the stock rose to a peak of $419.78 on July 20, 2025, and is currently trading at $226.93.

The stock market is flashing an inflation warning signal in the first few weeks of 2026 that could mean investors are in for a tough year.

The rhetoric on tariffs and Greenland has ratcheted up from there as Trump and his administration make their way to the World Economic Forum in Davos, Switzerland. Trump is expected to meet with top CEOs at the global confab and make a highly anticipated speech on Wednesday.

The first place investors should look for signs of stress in the equity market is credit markets. Despite this week’s asset-price volatility, triggered by the Greenland crisis, looking at those credit markets there’s not much evidence of genuine anxiety at present.