Edwards Warns of Dangerous US Stock Market Bubble

Albert Edwards, a renowned global strategist, warns of a dangerous US stock market bubble, particularly in tech and AI sectors, with valuations reminiscent of the 1990s dot-com boom. He identifies two key differences that could exacerbate the burst: the Feds rate cuts and long-term inflation risks due to fiscal incontinence. Edwards also expresses concern about the US housing market and private equity sector, suggesting potential issues if the global environment shifts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.