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Mmastodon BusinessMarkets first seen 12 h ago, last 10 min ago, peak #1

More analysts expect a stock market crash is coming

Original: “while we can’t know the timing, more analysts and investors are coming around to expecting that a #crash is coming. And

Economist Dean Baker writes that while the timing cannot be predicted, a growing number of analysts and investors now expect a stock market crash, arguing stocks still have a long way to fall. He notes the total US stock market is valued at roughly $80 trillion, a level he suggests is difficult to justify.

Why now: Concerns about stretched stock valuations are prompting debate over whether a market correction is imminent.

Dean BakerUS stock market

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