Attention Economy


Wednesday, December 11, 2024

Equity Bubble Debate

America’s searing market rally brings new risks
https://www.economist.com/leaders/2024/12/11/americas-searing-market-rally-brings-new-risks
Financial innovation is just as much to blame as the technological sort

 

New eras, same bubbles: the forgotten lessons of history
https://www.ft.com/content/abec3526-32ae-493e-bf59-2d30ccb4e50f
With US equities at record valuation peaks, investors should re-examine their risk appetite.

The Fate of Markets Rests on Trump’s Dollar Policy
https://www.wsj.com/finance/currencies/dollar-strength-trump-policies-a6d7a244
What a president wants, though, a president doesn’t necessarily get


Is This Wildly Overvalued Stock Market Doomed? Yes, But Maybe Not Yet
https://www.wsj.com/finance/stocks/stock-market-overvalued-forecasts-2025-e073e1d4
History shows no link between nosebleed valuations like we have today and returns over the next year. Expensive stocks can always get pricier.