Reported about 17 hours ago
Goldman Sachs' chief global equity strategist, Peter Oppenheimer, asserts that while there are indicators mirroring past market bubbles, the current stock market has not yet entered bubble territory. He notes that the AI boom is led by financially sound tech giants, with valuations still below bubble extremes, although they are becoming stretched. Concerns over market concentration and competition urge investors to diversify their portfolios, as strong fundamentals support the ongoing rally.
Source: YAHOO