UBS: the stock market is not a bubble, but bubble conditions are present – Financial News
UBS: the stock market is not a bubble, but bubble conditions are present – Financial News
The stock market is not a bubble, despite pockets of speculation and all the preconditions for bubble creation, said the chief investment officer (CIO) of investment bank UBS. “Market environments that offer cheap financing, easy access to investment, the incentive to engage in speculative activity, and a technological or political ‘spark’ tend to lead to […]
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