Analysis-Stimulus-pumped stocks at risk as warning signals flash red By Reuters – Investing.com
- Date: 09-Sep-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Analysis-Stimulus-pumped stocks at risk as warning signals flash red By Reuters – Investing.com
By Tommy Wilkes and Saikat Chatterjee
LONDON (Reuters) - Sky-high valuations and signs that the flood of cheap cash washing around financial markets may be subsiding suggest the record-breaking run in shares is about to hit the buffers.
Banks including BofA, Morgan Stanley (NYSE:), Citi and Credit Suisse (SIX:) this week told clients to trim exposure to stocks. Some are predicting a sharp fall in prices.