34 days ago • Posted by Martin Boujol
Only 7% of investors think the US market is in a bubble
According to a Bank of America study, only 7% of investors think that the US equity market is in a bubble. While the market does look a little overvalued - as massive liquidity and stimulus helped to inflate our GDPs-, it becomes interesting to ask the question if we are in the late stage, or still in the early stage. We could either be in the late stage, following the very rapid post-covid development, but it is also not impossible that extraordinary policy response paved the way for a new recovering cycle, which would mean that markets still have an important up potential.
Source: Robeco, BoA, Jeroen Blokland