Wall Street veteran Richard Bernstein warns of potential stock market bubble, suggesting large-cap value stocks may outperform growth stocks.
Wall Street veteran Richard Bernstein warns the stock market could face a potential bubble, with the most expensive stocks at risk of a correction. He suggests this could present a "monster" buying opportunity in other areas of the market. Meanwhile, Bank of America predicts large-cap value stocks will outperform growth stocks, with the most boring area of the stock market poised for a "renaissance" of outperformance.
June 11, 2024
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