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"A Breather Is Warranted, Likely" - Goldman Warns Stocks Might Be Nearing A Point Of 'Irrational Exuberance'

Business February 15, 2024

Another week and another all time high, with the S&P 500 breaching 5000 for the first time ever, Japan breaking out to record highs, Bitcoin topping 50k, and ARM more than doubling in a week...

a breather is warranted likely goldman warns stocks might be nearing a point of irrational exuberance

As Goldman Sachs trader and managing director, Bobby Molavi noted earlier in the week, "there is definitely a growing feeling of exuberance and 1999 about markets."

Previous article: Reverse Repo Liquidity Plunges Below Key Level As Fed's QT Stalls Prev Next article: Small Caps 'Squeeze' To Pre-CPI Highs On Dismal Data; Bonds, Oil, & Gold All Bounce Next

Authored by Tyler Durden via ZeroHedge February 15th 2024

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