3volver@lemmy.world to

News@lemmy.worldEnglish · 9 months ago

S&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist says

markets.businessinsider.com

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S&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist says

markets.businessinsider.com

3volver@lemmy.world to

News@lemmy.worldEnglish · 9 months ago

Paul Dietrich of B. Riley Wealth said the stock market "bubble" was about to burst and could slash the S&P 500's value in half.

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9 months ago
Still waiting for that padded recession the news mentioned a month ago. Padded for the rich investor assholes, but not for the average American.

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