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'The punishment is going to be incredible': A top 1% investor sounds the alarm on a stock-market bubble set to unravel over the next 2-3 years

By Business Insider   |   2 days ago
'The punishment is going to be incredible': A top 1% investor sounds the alarm on a stock-market bubble set to unravel over the next 2-3 years

Bill Smead's pessimistic outlook clashes with Wall Street's optimistic S&P 500 forecast for 2025. Smead questions the market's overvaluation due to high stock prices and rising interest rates, warning of a potential market downturn in the next few years.

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