ETFs And Passive Investing Have Wildly Distorted S&P 500 Valuations, Study Finds

Academics are starting to arrive at a conclusion we have been talking about for years: the influx of ETFs and passive investing in today’s market could be more trouble than its worth. Many people currently believe that larger companies are in a bubble – and that small caps are the place to look in 2021….

Goldman: Buy Stocks Despite Dot Com Valuations

Record valuations that have now surpassed dot com levels? Check. Record investor euphoria that is now literally off the chart? Check. None of that is a concern for the investing “professionals” in Goldman’s $575 billion wealth management division, who say that despite the biggest asset bubble in history, US stocks are3 still the best game…