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 China Commands 80% of Global Solar Silver Supply Chain READ MORE Brent Crude Falls to $86, Market Stabilizes Amid Easing Mideast Concerns READ MORE Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 READ MORE De-Dollarization: A Gradual Shift from US Currency Control READ MORE Was I Wrong About $20,000 Gold & Who Wins? READ MORE Add a Comment Cancel replyYour email address will not be published.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