Stocks are surging at their fastest pace since the financial crisis as traders fly ‘closer to the sun’
|01/28/2018||Posted by BusinessMediaguide.Com under General World News||
- It took the benchmark S&P 500 just 13 days to climb from 2,700 to 2,800, by far the fastest 100-point gain since the global financial crisis.
- While this highlights just how hot the stock market is right now, CLSA argues that it should also be a cause for concern as valuations get extended.
Just when the stock market seems to be running out of ways to remind investors that it’s virtually unstoppable, it goes and does something unprecedented.