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 Gold Prices Decline as Investors Cash In Amid Fed Rate Cut Uncertainty READ MORE Are Gold ETFs Backed By Physical Gold? READ MORE Here's what JP Morgan, Citi, and Bank of America are Predicting for the Gold Price READ MORE Inflation Data May Shape Fed’s Path to Interest Rate Cuts READ MORE Gold Gains on Revised US GDP Figures and Lower Treasury Yields READ MORE Add a Comment Cancel replyYour email address will not be published.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