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The fed is blowing a bubble in stocks that usually ends in tears for investors as market looks up to 10 overvalued wall street firm says.
Business insider stock market bubble. Bullish narratives driving the stock market today are full of dangerous holes warns peter cecchini the ex market strategist at cantor fitzgerald. The run in us technology stocks since the stock market bottomed on march 23 has often been compared to the 2000 dot com bubble but those. Visit business insider s homepage for more stories.
The legendary investor jeremy grantham told cnbc on thursday that he was certain the stock market is in a bubble following its powerful rapid. Visit business insider s homepage for more stories. In my view us equity valuations are a qe fueled bubble waiting to burst says societe generale s albert edwards.
The stock market s rally following the fed s march 23 policy announcement is the fastest since 1933 and this mother of all meltups could quickly give way to an equally steep collapse. The lasting economic damage caused by the covid 19. Tech stocks are definitely in a bubble based on the sizzling rally so far in 2020 but it will take a while to burst a chief strategist said.
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