S&P 500 Could Halve as Market Bubble Bursts, Warns Top Strategist Paul Dietrich, chief investment strategist at B. Riley Wealth Management, warns that the S&P 500 could plummet by 48% when the current stock-market bubble bursts and a recession hits. He attributes this potential crash to an overvalued market, persistent inflation, high interest rates, and rising taxes. Dietrich compares the current hype around AI to the dot-com bubble and highlights the Buffett Indicator’s surge to 188%, nearing a dangerous level. He also notes that gold prices have soared as institutional investors seek safe-haven assets in anticipation of a major market correction. Dietrich points to high price-to-earnings ratios and low dividend yields as further evidence of an impending downturn. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Slide as Fed Signals Longer High Rate Environment READ MORE Facing Facts: ‘Cautiously Bullish’ on Gold in 2024 READ MORE Gold Market ETF Demand Hits Two-Year Peak READ MORE Swiss Gold Exports Drop in April Amid Reduced Shipments to China READ MORE Gary Shilling: The U.S. Economy Still Faces a Recession Risk READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment