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Axios/Dion Rabouin/4-8-2021
“There are a growing number of signs the bull market in equities is overheating, with indicators of investor complacency and risk-seeking reaching the highest levels since 2007 and 1999.
Why it matters: Those periods of extreme euphoria were followed by market crashes.”
USAGOLD note: A more apt description given the performance of late would be that the bull stock market is beginning to look like it’s running out of gas. Rabouin points out that professional money managers are already selling as the general public buys. Others have offered the same observation.
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