logo
welcome
Insider

Insider

The stock market is entering 'Crazy Town' as valuations reach generational high, Stifel says

Insider
Summary
Nutrition label

76% Informative

The stock market is "entering Crazy Town " as valuations creep toward generational highs, Stifel 's Barry Bannister says.

Bannisters predicts the S&P 500 could rise to the low-6,000s before plummeting back down.

He said the market is a "mania" with valuations near 80-year highs.