lc
The sp500 was back at new highs last week.
This despite:
Expectations for rate cuts in 2024 fell sharply over the week, with futures markets pricing only a 13.1% chance of seven or more rate cuts in 2024 as of the close of trading on Friday versus 61.5% the week before.
It's also despite:
Many stocks within the index well below their highs.
The magnificent7 have a lot to answer for.
However, as great as these 7 companies are- are they creating a bubble, which if it pops, could have a large impact?
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