Reported 10 months ago
Stocks have been surging for two years, sparking debates on whether the momentum will continue or if a correction is imminent. Bulls are optimistic due to predicted Fed rate cuts and growing corporate earnings, while bears are concerned about overvalued market, Fed's rate policies, and persistent inflation. Veteran fund manager Doug Kass warns about top-heavy equities, profit reliance on mega-cap tech, unrealistic profit expectations, and overvaluation compared to interest rates, advising investors to reassess their portfolios in light of these factors.
Source: YAHOO