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Steve Hanke Warns of Stock Market Bubble as Major Tech Firms Ignite $10 Trillion Frenzy
Economist Steve Hanke says his bubble detector shows the US stock market is in a clear bubble zone, even as major tech companies are experiencing one of the fastest stock surges on record.
His warning is coming to fruition as five massive tech stocks push the S&P 500 to all-time highs. Traders are flocking to call options at an unprecedented pace in modern markets.
His warning is coming to fruition as five massive tech stocks push the S&P 500 to all-time highs. Traders are flocking to call options at an unprecedented pace in modern markets.
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