John Authers, Columnist

Magical Nonstop Rally Evokes Peak of Dotcom Bubble

Growth stocks are outpacing value by the most since 2000, and there’s no way to say when a reversal will come.

September 3, 2020 at 6:05 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

It's a safe bet that a reversal will come. The question is when.
Photographer: Matt Cardy/Getty Images

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It’s been another weird and wonderful day. In essence, I cannot improve on the end-of-day post from Adam Button on ForexLive, which I will quote in its entirety: