Bob Rauch, R.A. Rauch & Associates

NO: The stock market was overvalued before the “dot.com” and housing bubbles of 2000 and 2008. Today’s stock market was near an all-time high due to a combination of consumer confidence, employment and wage growth, low interest rates and an election year bump. The only thing that could take down this market would be an unrelated event like coronavirus. It will be over in 30 days and everyone will be happy again.

 

Read full article by Phillip Molnar here.