Drones Are the "Debutantes" of the Paris Air Show — and This Stock Is the Belle of the Ball. Leave a Reply Click here to cancel reply. Your email address will not be published. Sign me up for the Money Morning newsletter. Donald Trump is suggesting that overvalued tech stocks could cause another stock market crash ….
In an interview with Reuters on May 18, Trump said that some tech companies are valued at billions of dollars — but have never made any money. Trump suggested the stock market today could be in a situation like it was nine years ago right before the stock market crash leading up to the Great Recession.
Trump isn't the first billionaire to warn against overvalued tech companies… Microsoft Corp. Cuban also cited another reason for a stock market crash: Your Retirement at Risk: Puerto Rico's debt crisis is not as remote a problem as you might think. On the other hand, U. Federal Reserve Chair Janet Yellen emphasized that the U.The Dot Com Bubble Explained in One Minute
Other economic and investment experts tend to agree, citing that stock prices, while high, aren't near the extremes of the dot-com bubble inaccording to CNN Money. Typically, it takes several factors at the same time for the stock market to enter a serious decline. Modernly, some of these factors could include: This isn't the first time Trump has predicted a stock market crash or a tech bubble this year.
On April 15, Trump said that a stock market crash "will be coming" and that we're also in a big bubble. He also said that the United States was on track for a huge recession, according to CNN Money.
Relax, There’s No Tech Crash Coming (Yet)
And back in Octoberthe presumptive Republican nominee echoed the same fears of a stock market bubble to The Hill. On May 12, Money Morning 's D. Barton, a year technical trader and celebrated financial coach, told FOX Business viewers how a Trump versus a Clinton presidency would affect markets.
The Dot-com Bubble |
Here's that full segment:. Do you think we're in a tech bubble, or that a stock market crash is near?
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Ed Hamilton May 21, See the inflation-adjusted Dow, thru yesterday, May Gold and Silver Alerts. Before the Bell Preview. Stock Market Crash Insurance. Wall Street Scam Watch. China and All Asia Alerts. Biotech and Pharma Alerts.
Small Cap Stocks Alerts. Oil and Gas Alerts. D R Barton Jr. Trending Posts Reads 9 Likes. Michael just got back from a huge cannabis industry conference in "Oaksterdam," and the most exciting thing he found there points to a "weird," profitable pot stock pick. The price of silver continued to fall last week following the hawkish tone from the Fed on Wednesday. But we think silver is closing in on its bottom. The Essential Guide to Buying Gold and Silver Gold and silver are widely considered the best "crisis insurance" for any portfolio.
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