I don’t want to be a Grinch, but at Christmas, you tell the truth: everyone is bullish, and I can’t help but feel a bit concerned.
Of course, expensive stocks can always get more expensive. But there are several reasons why a pullback in early 2025 wouldn’t just be likely – it would be healthy. Markets don’t move upward indefinitely – corrections help reset valuations to more sustainable levels and blow some of the froth off the top.
While a rising tide lifts all boats, it also obscures which companies have strong underlying business models. When the tide goes out, you discover who’s been swimming naked – and who’s merely riding the wave of exuberance, which this year has been thanks to AI “animal spirits” and the fabled Trump Bump.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: