CNBCMorgan Stanley’s Adam Parker.Morgan Stanley chief US equity strategist Adam Parker does not want to acknowledge the permabears right now, even with stocks at all-time highs.Nor does Parker think these folks deserve credit when we finally get a stock-market correction.”We all know lots of people who have called 17 of the last zero corrections,” Parker wrote in a note to […]
Just imagine the exuberance if ORCL was still in the Nasdaq…Economic downgrade… 2 rate hikes this year… Buy Stocks you idiot!!With Utilities (but rates are notably higher) and Healthcare (Biotech bubble) leading the way…Here’s why…Average:5Your rating: None Average: 5 (2 votes)
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Thank You Janet – Nasdaq Hits Record High
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Robert Shiller isn’t ready to call the stock market a bubble. In an interview with Goldman Sachs published over the weekend, the Yale professor and Nobel Laureate said there is a “bubble element” to the behavior we’re seeing in the stock market. But outside of the “social epidemic” Shiller — who published his famous book “Irrational Exuberance” right before the Nasdaq […]
The last time Janet Yellen, Series 7, 63 certified, warned of asset bubbles, aka the Fed’s “Irrational Exuberance 2.0” moment, was back in July 2014, when the smallest of utterances led to a selling avalanche in biotech and social media stocks. This is what the Fed said back then:
“Nevertheless, valuation metrics in some sectors do appear substantially stretched—particularly those for […]
