Business Insider: “Billionaire investor Ray Dalio doesn’t think the stock market is in a ‘full-on bubble'”
By datatrekresearch in IN THE NEWS
Excerpt from Business Insider quoting DataTrek Research:
.... "In a note last week, DataTrek Research cofounders Nicholas Colas and Jessica Rabe pointed to the S&P 500's 31% three-year gain on a price return basis, which is squarely below the typical returns indicative of a bubble forming ahead of a crash.
"We are nowhere near that level now, which says investor confidence has not reached an unhealthy maximum," the researchers said. "This does not guarantee further gains, but we can safely take 'bubble risk' off the list of stock market concerns"....
Full article here on Business Insider.
