Reported 9 days ago
Experienced fund manager Doug Kass highlights increasing risks in the stock market, pointing to structural issues like the dominance of passive investing and heightened speculation through social media and options trading. While the bull market continues with rising S&P 500 earnings and Federal Reserve rate cuts expected to spur growth, Kass warns that the lack of a 10% market correction for nearly nine months and inflated valuations could signal potential vulnerabilities, creating exaggerated price movements and financial inefficiencies.
Source: YAHOO