Lower Interest Rates Do Not Equal Good Times
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Source: howestreet.com
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The 30-year-old web portal and search engine has entered the plateau years, the age of waning twilight. Three decades on, and the world seems so much smaller.
The Magnificent Seven continued a wild streak of outperformance in January, accounting for 45% of S&P 500 gains during the month.
Investors are lowering their standards as valuations have become broadly overstretched, just like they did during past bubbles, says Jeffrey Gundlach.
Today's market bears a striking resemblance to equity conditions seen before the dot-com bubble crash, JPMorgan wrote on Tuesday.