Reported about 3 hours ago
U.S. stocks are hitting record highs following the Federal Reserve's interest rate cut, prompting Wall Street strategists to weigh in on potential bubble risks and sustainability of the rally. While some believe that AI-driven earnings growth justifies current high valuations, others warn that ongoing cuts may lead to a dangerous market surge, raising concerns about persistent inflation. As strategists adjust price targets, discussions around bubble risks are becoming increasingly prominent.
Source: YAHOO