Robinhood traders have pushed their favourite stocks to stratospheric levels. Fund managers who track the S&P 500 are forced to buy Tesla at eye-watering metrics whether they want to or not. SPACs and IPOs are flying out the door.
Yes, most types of investments are rocking but it’s also led to some nervousness and apprehension among some investors who know that nobody rings the bell at the top of the market.
John O’Connell and Zachary Curry discuss in part two of their Pro-to-Pro conversation about the crash and recovery of 2020.
Related stories: The Crash & Recovery of 2020: Key Takeaways – Part One, Pro-to-Pro Conversation