drmonalidesai on Nostr: Bank of America Foresees Possible 40% Decline of S&P 500 Due To Growth-Stock Bubble. ...
Bank of America Foresees Possible 40% Decline of S&P 500 Due To Growth-Stock Bubble. The bank’s strategists, earlier this week, drew a comparison between the current market scenario and the notorious “Nifty Fifty” and “dot-com” bubbles of the 1960s and late 1990s. 🇺🇸 The market cap of U.S. stocks is 3.3 standard deviations away from the historical average, when compared to the rest of the world. The top five stocks in the S&P 500 now make up 26.4% of the index. Combined with competition for the Magnificent 7 from Chinese AI companies this is concerning.
{
"id":"6fa5095991caab64644cbf2ea69bd98499c3967ceb88fc06a5e362ac1c4d2fa2",
"pubkey":"d6133367256042a6777318655bf1f38d8cdd944f4baa6c0b70ef4b025994af04",
"created_at":1740060987,
"kind":1,
"tags": [],
"content":"Bank of America Foresees Possible 40% Decline of S\u0026P 500 Due To Growth-Stock Bubble. The bank’s strategists, earlier this week, drew a comparison between the current market scenario and the notorious “Nifty Fifty” and “dot-com” bubbles of the 1960s and late 1990s. 🇺🇸 The market cap of U.S. stocks is 3.3 standard deviations away from the historical average, when compared to the rest of the world. The top five stocks in the S\u0026P 500 now make up 26.4% of the index. Combined with competition for the Magnificent 7 from Chinese AI companies this is concerning.\n\nhttps://www.businessinsider.com/stock-market-crash-growth-bubble-ai-dotcom-nifty-fifty-sp500-2025-2\nhttps://m.primal.net/PEMD.jpg",
"sig":"28604185b9e6540f9c7753dca73bebcf15bd10b8eba8783a8affc2e02fd46ca572ca1d79e55be6196108d4cf6db8caf1ed5e0b2b58b49136fafb57e5dfaeb641"
}