Don Emmert /AFP/GettyImages The stock market’s leaders are overvalued and could suffer a big correction, RBA’s Richard Bernstein said. Losses could rival the dot-com crash, when popular stocks lost as much as 50% of their valule, he predicted. But the event could be a great investment opportunity as gains are distributed to the rest of […]
Home prices in Tennessee are overvalued at twice the national average, according to a recent report by credit analyst Fitch Ratings. The report estimated national home prices were 11.1% overvalued during the fourth quarter of 2023. Tennessee experienced the biggest increase in homes being sold above their long-term average price — an estimated 20% to […]
An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher. A new report published by Fitch Ratings found that homes were overvalued by 11.1% at the end of 2023, a trend occurring in about 90% of U.S. metro […]
The most overvalued housing market in America is in Memphis, Tenn., according to Fitch Ratings. – Getty Images/iStockphoto Homes in 90% of major metropolitan areas in the U.S. are overvalued, with the sharpest increases recorded in Southern states, according to a new report. The states with the biggest increase of homes being sold at prices […]
Homes on Tidal Pointe Way in the Lakehouse Cove at Waterside development in Lakewood Ranch. A recent report from national real estate website Redfin spotlighted Sarasota for its surging number of homes for sale at the same time as sellers slash prices faster than anywhere else in the country. “Sarasota, in particular, has been overvalued […]
Those who invested in Nvidia (NASDAQ: NVDA) a few years ago are sitting pretty right now. The tech giant has seen its shares skyrocket, even more so than its otherwise high-performing “Magnificent Seven” peers, partly thanks to its artificial intelligence (AI) system sales. However, as is often the case with stocks that crush the market, […]
Traders work on the floor of the New York Stock Exchange during afternoon trading on November 03, 2023.Michael M. Santiago / Getty Indicators are pointing to a major correction coming for stocks, market strategist Paul Dietrich says. The B. Riley Wealth chief investment strategist says the market is “bizarrely overvalued.” The “smart money,” according to […]
Jon Stewart is facing online backlash after the comedian opined on air this week that Donald Trump’s civil real estate case for overvaluing his properties was “not victimless” — when it turns out the price of a previous home sale finds Stewart doing the exact same thing, The Post has learned. On Monday night, Stewart, […]
Berkshire Hathaway CEO Warren Buffett.Rick Wilking/Reuters Warren Buffett’s go-to market gauge surged to a two-year high of 184%. The “Buffett Indicator” compares the stock market’s total value to the overall size of the economy. Buffett has warned that buying stocks at a reading near 200% is “playing with fire.” Warren Buffett’s favorite market gauge has surged to […]
Nvidia (NASDAQ:NVDA) has been one of the best-performing stocks globally over the past 18 months. The chip manufacturer’s shares are up nearly 7x over the period. This extraordinary growth can certainly turn some investors off, making them believe it’s overvalued. However, it’s worth remembering that momentum can actually be one of the best indicators of […]
The S&P 500 may crash 49% when valuations normalize and a recession hits, Paul Dietrich said. B. Riley Wealth’s chief strategist flagged market and economic indicators that were flashing red. Dietrich titled his latest commentary “The Stock Market Bubble Is About to Burst — Look Out!” The S&P 500 may sink to its lowest level […]
(Bloomberg) — Fresh from getting a big call right on yields toward the end of last year, former bond king Bill Gross just signaled he is now steering clear of Treasuries. Most Read from Bloomberg Ten-year US debt is “overvalued,” with similar-dated Treasury Inflation-Protected Securities at a 1.80% yield the better choice if one needs […]