Reported 13 days ago
Josh Lipton and Julie Hyman discuss the opinion of Doug Ramsey, CIO of the Leuthold Group, who believes that the current stock market is experiencing a bubble based on historical metrics. As the S&P 500 and Dow Jones hit new record highs, Ramsey highlights that current trading levels exceed historical norms typically seen in bubble conditions. He expresses skepticism regarding sustaining earnings growth for large-cap stocks and indicates a shift towards value-oriented investments and smaller companies.
Source: YAHOO