Similar Stories to A Recession In 2024 Would Burst The Biggest Stock Bubble Since The Dot-com Craze, Sending The Market Down 40%, Veteran Strategis on Bing News

Yichiro Chino/Getty Images A recession will hit in 2024, according to Paul Dietrich, chief investment strategist of B. Riley. Even a mild recession could spark as much as a 40% stock crash, Dietrich told Business Insider. That's because the market is looking the most overvalued since the dot-com craze of 2001, he said. A recession will likely strike in 2024, and even a mild economic slowdown could send stocks plunging, as investors are playing in one of the most overvalued markets in over twenty years.That's according to Paul Dietrich, the chief investment strategist of B.

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BING NEWS:
  • There's a stock market crash coming in 2025 as the 'bubble of all bubbles' bursts, economist says
    When that bubble finally bursts, Dent estimates that the S&P 500 could lose as much as 86% in value, while the Nasdaq Composite could lose as much as 92%. "Hero" stocks, like chipmaker Nvidia, could ...
    06/10/2024 - 6:05 am | View Link
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