Goldman Sachs strategists have pointed out that the current big tech-led rally in the stock market is different from past bubbles, indicating a more sustainable trend in distribution.
Renowned investor Jeremy Grantham has issued a stark warning to investors, advising them to steer clear of US stocks, brace for an impending recession, and prepare for an AI bubble burst. Grantham, known for his accurate predictions in the past, is signaling potential trouble ahead for the financial markets.
Tech Stocks Soar, Raising Eyebrows
In recent years, the stock market has witnessed an unprecedented surge in technology stocks, spearheading a remarkable bull run. Companies like Apple, Amazon, and Microsoft have experienced exponential growth, becoming the darlings of investors and commanding a substantial share of the market.
The housing market in the United States has witnessed significant fluctuations over the past year. As we approach the end of 2023, it is important to analyze the most splendid housing bubbles across the country. Here is a breakdown of the latest developments in these real estate hotspots.
*Renowned Fed watcher warns of long-lasting interest rate hike*
