Bubble Fears Everywhere But All Investors Can Do Is Keep Buying
- Wall Street names including Citi, JPMorgan warning of excess
- No one wants to miss out on gains when markets keep rallying
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Across Wall Street, signs of speculative excess are everywhere. Penny stocks surging. Cash pouring into trendy thematic bets. Risky debt paying less than ever. With unchecked animal spirits and historic valuations, what’s an investor to do?
Keep buying, apparently.