Markets

Why the Red-Hot Stock Market Could be Close to a Cooldown

Economists and Wall Street experts increasingly agree that the high-flying stock market is primed to descend, if not to earth, at least out of the stratosphere.

“There are many indicators showing that equities have reached a higher valuation than is consistent with changes in either underlying economic growth or revenue fundamentals,” Aaron Klein, a fellow at the Brookings Institution, told NBC News.




Image: Fearless Girl

The “Fearless Girl” statue faces “Charging Bull” on Lower Broadway in New York.