Bank of America warns of a bubble in US growth stocks echoing the "Nifty Fifty" and "dot-com" eras.

Concentration in US stocks is significantly above historical norms, BofA said.

Investors should consider diversifying and focusing on quality stocks to mitigate risks, BofA said.

https://finance.yahoo.com/news/bank-america-says-growth-stocks-180002109.html

Bank of America says growth stocks are in a bubble exceeding the 'dot-com' and 'nifty fifty' eras — and warns they could take the S&P 500 down 40%
byu/DangerousRoutine1678 ineconomy



by DangerousRoutine1678

6 comments

  1. You mean stocks having a brazillion P/E is not normal?

  2. Well it needs to hurry up. I’m tired of holding cash.

  3. I don’t know what else a normal person is supposed to do. I don’t make a ton of money. I don’t own a home. I’d like to have a home, my cash is constantly depreciating, what do you want me to do? Hold it in the bank as it decays? Or should I yeet it into national gambling arena and pray to the Squid Game gods that it appreciates?

    Fact is the stock market is the only way to play this stupid ass game if you want to generate cash via assuming “risk”.

  6. If BoA is where you get your stock advice you have bigger problems than a 40% drop in your portfolio.

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