Stock Market Faces Challenges Amid Post-Iran Recovery
Investors expecting the stock market to bounce back after the Iran conflict may be disappointed. Several factors, including private-credit “cockroaches” and record valuations, could hold the U.S. market back. The S&P 500 is pricey in 18 out of 20 valuation metrics, according to Bank of America’s research note. Five are at or near record highs. … Read more