Stocks and bitcoin are massive bubbles, warns longtime bear David Rosenberg – CNBC
Stocks and bitcoin are massive bubbles, warns longtime bear David Rosenberg – CNBC
Longtime market bear David Rosenberg is warning investors that the stock market and bitcoin are massive bubbles. The economist and strategist cites cluttered trades in an economic context in difficulty for his concerns. “Based on our [stock market] valuation work, we’re 20% to 30% overvalued based on a whole bunch of different metrics, ”the president […]
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