The S&P 500 is now 75% higher than its low point last March. The Nasdaq has more than doubled since its pandemic low. Tesla shares are up a staggering 900% over that span. And an army of traders on Reddit were able to send GameStop to the moon, at least for a few days. Although there is good reason for optimism about the economy and the pandemic, some fear the market euphoria is getting out of hand — yet it’s impossible to time the bubble’s burst. “I do think we are in a bubble like we were in 2000,” veteran hedge fund manager Mark Yusko told CNN Business.
→ Continue reading at CNN - Business News