There’s more than one way to deflate a bubble.
Nothing, it seems, can keep the major indexes down for long. The S&P 500 gained 0.9%, to 4436.52, while the Dow Jones Industrial Average rose 273 points, or 0.8%, to 35,208.51, as both indexes closed the week at all-time highs. The Nasdaq Composite didn’t end at a record, but still gained 1.1%, to 14,835.76. It was strength all around.
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August 07, 2021 at 08:17AM
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Is the Stock Market In a Bubble? How It Might Deflate in a Positive Way. - Barron's
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