The Stock Market Is a Bubble. How It Might Deflate—in a Good Way.

2 years ago 304

There’s much than 1 mode to deflate a bubble.

Nothing, it seems, tin support the large indexes down for long. The S&P 500 gained 0.9%, to 4436.52, portion the Dow Jones Industrial Average roseate 273 points, oregon 0.8%, to 35,208.51, arsenic some indexes closed the week astatine all-time highs. The Nasdaq Composite didn’t extremity astatine a record, but inactive gained 1.1%, to 14,835.76. It was spot each around.