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Morningstar CIO Warns Surging Stock Market May Be Flashing Signs Of Excessive Optimism
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Morningstar CIO Warns Surging Stock Market May Be Flashing Signs Of Excessive Optimism
The sharp rally that has propelled U.S. stocks to record highs may be creating conditions for a market pullback, according to Philip Straehl, Chief Investment Officer at Morningstar Wealth, who says several indicators suggest investor optimism has reached unusually elevated levels. While the benchmark S&P 500 has climbed 18% since its March 30 low, driven […] The post Morningstar CIO Warns Surging Stock Market May Be Flashing Signs Of Excessive …
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