Albert Edwards warns of a tech stock bubble as the tech sector now makes up 37% of the US stock market, surpassing the dot-com era peak. Rising bond yields could halt the rally, but historically, this hasn’t impacted stock valuations. Federal Reserve Chair Jerome Powell’s dovish tone in Jackson Hole may lead to lower rates, benefiting stocks. The S&P 500 surged 1.5% after Powell’s remarks, but uncertainty remains about future rate cuts and economic indicators. Edwards questions how big the bubble could grow.

Read more at Yahoo Finance: Why a famed strategist says the government bond market could spoil a fragile bull rally