When Will the Boom/Bust Rollercoaster End?

From Investing.com: 2024-06-14 15:53:00

NVIDIA stock has surged 155% this year, with a market cap over $3 trillion, responsible for half of S&P 500 gains. Despite comparisons to companies like Amazon and Berkshire Hathaway, experts warn of an AI bubble. Recent Labor Department data shows discrepancies in job numbers and wage growth, delaying potential rate cuts by the Fed. While the possibility of stagflation looms, investors are urged to consider increasing positions in gold as China’s pause in buying may soon end. Market trends suggest a potential economic downturn ahead, calling for strategic investment decisions.



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