A gauge of stock-market euphoria is surging past the highs it reached before the 2008 financial crisis — and it's convinced one Wall Street bull that a meltdown is near
, the head of US strategy at RBC Capital Markets, who says the rally has firmly entered "euphoric" territory.
Rather, she sees proof beneath the market's surface showing that this rally resembles previous market tops — including the lead-up to the 2008 financial crisis. And so ultimately, she expects stocks to continue rallying — by 6% this year, based on the starting position of the S&P 500. On top of the euphoria that's apparent in futures positioning, Calvasina flaggedInstead of picking one metric, she combined 34 — including the price to earnings, price to book, and price to cash flow ratios) — into a single model.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
4 long-term themes will shape how to invest in next decade: BlackRock - Business InsiderA strategy chief at $7 trillion BlackRock reveals the 4 trends that will shape how the world invests for the next 10 years — and why the trade war won't scare her away from China
Weiterlesen »
Billionaire Tom Steyer is the sixth Democrat to qualify for next week's presidential primary debateTom Steyer, who has spent heavily on TV ads, has qualified for next week’s Democratic presidential debate in Iowa.
Weiterlesen »
Trump impeachment charges may go to Senate as early as next weekAfter facing increasing pressure from Senate Republicans, U.S. House Speaker Nancy Pelosi signaled that the House would send formal impeachment charges over to the Senate next week
Weiterlesen »
Spencer Dinwiddie Launching Digital Token Next Week, Discusses NBA’s Threat To Terminate His ContractOver the next month, Brooklyn Nets point guard Spencer Dinwiddie stands to make $13.5 million. But his plan did not come without serious opposition from the NBA, which had threatened to terminate his contract.
Weiterlesen »
Pelosi will send impeachment articles to Senate next weekHouse Speaker Nancy Pelosi said Friday that the House will send articles of impeachment to the Senate next week, setting in motion a trial that is likely to run through the end of January.
Weiterlesen »