, Marks said the future trajectory of the market is less clear.
He continued: "There's increasing mention of a possible bubble based on concerns about valuations, federal government spending, inflation and interest rates, but I see too many positives for the answer to be black-or-white." But Marks admits the "temperature of the market is elevated," and says there are signs of euphoria and risky behavior as investors pile into so-called meme stocks, and broaden into riskier assets in a desperate grasp for returns.
A person with billions invested in the stock market says prices are not in a bubble.
When will everyone finally realize that NO ONE in the investor class, including the uber-successful, can accurately predict market stability? There are simply far too many independent variables, and emotion is a much greater factor than logic.