Wall Street traders brace for extended shutdown amid lofty valuations
Ahead of earnings season, the US stock market rally faces compounding threats from a government shutdown, eye-watering equity valuations, and a cooling labor market. With the S&P 500 at dot-com levels, experts warn of a potential 5-10% pullback, advising investors to trim highly valued positions.
The Insiders
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Ahead of earnings season, the US stock market rally faces compounding threats from a government shutdown, eye-watering equity valuations, and a cooling labor market. With the S&P 500 at dot-com levels, experts warn of a potential 5-10% pullback, advising investors to trim highly valued positions.
