US stocks may not be in a bubble, but a pullback could be near

NEW YORK, March 13 - Some market participants believe the relentless U.S. stock rally is poised for a breather, even if it remains unclear whether equities are in a bubble or a strong bull run.

"A lot of good news is priced into the market," said Michael Arone, chief investment strategist at State Street Global Advisors."From my perspective that just suggests that the risks are skewed to the downside." Significant sell-offs followed the last two times the index exceeded those levels: a 10% drop in the S&P 500 in January 2018 and a 30% plunge as COVID-19 emerged after the index topped that level in January 2020.

"The sentiment backdrop right now ... makes the market vulnerable to a turn lower," said Kevin Gordon, senior investment strategist at Charles Schwab.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Kitco NEWS Reports on Mining Companies Snowline Gold and NexGen EnergyKitco NEWS provides accurate and objective reporting on mining companies Snowline Gold and NexGen Energy. Snowline Gold has seen significant growth due to outstanding drill results and backing from B2Gold. NexGen Energy has experienced a surge in stock value with the rise in uranium prices.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »