U.S. Stock Market's Historic Rally Since the 1980s Continues to Surpass Expectations
TL;DR Summary
A top analyst highlights that the US stock market's valuation has soared to 363% of GDP, surpassing previous bubbles, driven mainly by high P/E ratios and AI enthusiasm, but warns this may be unsustainable amid sluggish economic growth and overvalued tech stocks.
- Top analyst says the U.S. bull market dates all the way back to the 1980s Fortune
- US Stocks Resist S&P 500 Drops of 2% or More in Best Run in Over a Year Bloomberg.com
- Top analyst says the U.S. bull market dates all the way back to the 1980s, and stocks just hit a potentially unsustainable 363% of GDP Yahoo Finance
- How broad is the rally? Financial Times
- Wall Street strategists chase S&P 500 like few times in history Fortune
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