Investors Spot Signs of Market Froth During Long Bull Market
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Investors are fearful that some market gains are outpacing typical measures of underlying value after strong economic growth helped power the S&P 500 to record after record in a nearly two-year bull market. “There have been signs of froth for a while,” said Seema Shah, chief global strategist at Principal Asset Management. Shares of Palantir Technologies a highly popular stock among individual investors, surged 24% on Feb. 4 after the data-analytics company reported strong sales growth and robust demand for its artificial-intelligence products.
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