America’s massive ‘money illusion’ is setting the S&P 500 up for a correction as stagflation takes hold, top analysts say
A question looms over Wall Street as it digests the stock market highs in the dog days of summer 2025: Is this another version of the dotcom bubble? Apollo’s Torsten Slok has already calculated that the top 10 S&P 500 companies today are more overvalued than in the late ’90s tech boom. Now the investment…