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Thursday, October 17, 2019

IMF: US stock market is overvalued.

https://www.marketwatch.com/story/us-stock-market-is-overvalued-imf-says-2019-10-16?siteid=yhoof2&yptr=yahoo

The IMF gave its harshest assessment of the US stock market.

I believe that the US stock market must be reaching a precipice that the IMF cannot ignore anymore since the US market is the largest in the world.  Any fallout from the US market will send great financial tsunami to the rest of the world.

Let's see how this will pan out.