A Wall Street expert sees a retail-investing trend

A Wall Street expert sees a retail-investing trend that preceded the dot-com bubble and financial crisis bubbling up again — and warns it will end 'abruptly and painfully' for the stock market

Business Insider

Published 12 Jul 2020

· Stock prices have become merely numbers for many new traders who ignore the fundamentals embedded in company valuations, according to Peter Tchir, the head of macro strategy at Academy Securities.
· He says this disregard for fundamentals is being driven by greed and was evident before the 2000 and 2008 market crashes.
·...

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A Wall Street expert sees a retail-investing trend that preceded the dot-com bubble and financial crisis bubbling up again — and warns it will end 'abruptly and painfully' for the stock market

A Wall Street expert sees a retail-investing trend that preceded the dot-com bubble and financial crisis bubbling up again — and warns it will end 'abruptly and painfully' for the stock market

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