Let’s talk about bubbles
Sep 04, 2020
3 minutes
By Maarten Mittner
renewed record highs on the Nasdaq and S&P 500 have raised the spectre of a market bubble floundering on the reality of adverse economic conditions.
US markets appear out of sync with the economic realities of a still highly active global pandemic, weak company earnings and subdued economic data – with even the US Federal Reserve (Fed) warning that more uncertainty lies ahead. All market losses have been recovered since March, and the Nasdaq has surged more than 25% since January.
Billionaire investor George Soros has been
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