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In 2024 so far, stocks have had one of the best years in decades. And that’s on top of a great year in 2023.Bulls are obviously cheering this, but how long can the party continue?Stocks are richly priced here.And if earnings don’t start growing aggressively, at some point, prices will have to correct, warns portfolio manager .That said, a new buy signal just got triggered this week (invalidating last week’s sell signal).So investors need to determine how much risk they want to take to pursue upside from here vs the growing risks of overvaluation.Lance and I discuss this, as well as this week’s new inflation data, bonds and the wisdom of Howard Marks in this week’s Market Recap.Video Length: 00:00:00More By This Author:
Stocks Are Expensive Now
