The stock market may look like it’s on a high, but according to Goldman Sachs (GS), it hasn’t crossed into bubble territory. “There are elements of investor behaviour and market pricing currently that rhyme with previous bubbles,” Peter Oppenheimer, Goldman’s chief global equity strategist, wrote in a new note. “However, we see key differences.” The…
The “Warren Buffett Indicator” is a simple yardstick that compares the total U.S. stock market’s value to the size of the U.S. economy. It’s recently surged above 200%, a level Buffett once warned is like “playing with fire,” signaling stretched valuations versus economic output. It’s soared because market values have risen far faster than GDP,…
Chip giant Nvidia is set to report second-quarter financial results, seen as a bellwether for the industry as worries about a tech bubble rise (I-Hwa Cheng) Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI…