'A disaster waiting to happen': A top 3% investor warns the 'Trump bump' is the icing on the cake of a euphoric stock market bubble that's worse than the dot-com peak

By Business Insider | Nov 9, 2024 at 06:13 AM EST

Bill Smead shares a cautionary tale about market enthusiasm following political events, drawing parallels between Reagan's win and Trump's potential impact on the market. Smead warns of overvaluation, high investor enthusiasm, and a potential market bubble, advising caution in current investment decisions.

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