. Trading volume rose 40% in the first quarter from the previous three months, with investors snapping up sectors that performed poorly last year amid hopes for a pronounced economic rebound from the Covid-induced slide in 2020.
Amid the frenzy, some $569 billion has gone to global equity funds since November, compared with $452 billion in the previous 12 years that go back to the beginning of the longest bull market run in history, according to Bank of America's chief investment strategist, Michael Hartnett.Those numbers easily could exacerbate ongoing worries about financial market bubbles as valuations are around the same levels as just before the dot-com bubble popped in 2000. But these are not ordinary times.
"There's a certain amount of logic to markets right now," said Art Hogan, chief market strategist at National Securities. "It's less about irrational exuberance in the overall market, less about the 1999-2000 levels, and more about what's the driver. The driver is clearly an explosion in economic activity that likely will have some earnings growth in its wake."Year-over-year profits are expected to expand by 23.
However, what's even more remarkable is that analysts continue to ratchet up expectations as the profit reports near, which is the opposite of what usually happens. Wall Street generally trims its outlook the closer it gets to the report date.
Credit goes to one and only Scam 1992....😂😂
AMC AMC AMC AMC
$bb $bbjc but I'm Blackberry. $bb still in the dumps while claiming mantle of world leader in security. Shame on Blackberry for beating it's chest while getting slaughtered. PS JohnChen TomEacobacci Neelam_Sandhu . Worst performing stock. Most highly paid ceo.
Guide for BSEIndia
Who said “Don’t fight the feds”
We're given the opportunity to
.
. P.
Jerome, look what you created
Hard to believe last 12 years average GLOBAL inflows are just ~37B a year something doesn't add up...
StephenPunwasi when we seeing a bubble steven?
It call more people are learning to make money which makes all the hedge funds itchy and definitely makes the ugly guy from CNBC unhappy when see retail investors learning to make money.
A lot of people lost money too
GO XRP
Also more government assistance money given than in the last 3 decades
Bankers fooling small investors....... . Bankers made money even in 2007 crash.. Tax payer money was used to bail them out with no penalties 🤣🤣🤣 and we say capitalism is good... Democracy is good.. 🤐
And how much did the Fed pump into the market last year? 🤨
On reddit they would be saying its the stimmy 😅
DC update ref: corruption Japan is coming on 16 April to talk about Human Rights violation. Ask them about Jimmy and James Ryan
julioalexo ImaCas4
This Twitter convinced me to buy another share of $GME tomorrow during pre market. Thanks for the financial advice
maybe stop calling them dumb money when they have in fact proven to b smart. At least they didn’t stay short GME EVEN after all trends pointed to infinity
You spelled stonks wrong. $AMC $GME
Yikes