Every stock market bubble begins with a story, and make no mistake—this is a stock market bubble.
The story began easily enough, if not with “once upon a time.” A virus forced the country to shut down and accelerated the gains in a select few technology stocks that are uniquely capable of thriving with everyone stuck at home. A central bank took quick action to prevent financial markets from seizing up, pushing interest rates about as low as they could go. That helped lift the stocks of companies that are growing, including...
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September 12, 2020 at 06:14AM
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Is the Stock Market in a Bubble? Yes, Here’s What to Know. - Barron's
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