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Eight indicators stock market selloff is looming

Credit Suisse (CS) Global Equity Strategist Andrew Garthwaite and his team are taking a bit of stock market exposure off the table after the recent run-up in the S&P 500 over the past month.

In the note, Garthwaite highlights nine charts that show how, just as the stock market has taken a turn upward since mid-November, investor sentiment toward stocks has soared higher in that short amount of time.

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BofA’s mortgage production falls in Q1 

The top-20 U.S. mortgage lender produced a volume of $3.4 billion in first mortgages from January to March, it reported on Tuesday.

3d rendering of a row of luxury townhouses along a street

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