Latest analyst takes
Graham StephanBULLThe S&P 500 is in an end-phase “parabolic meltup” with valuation and risk signals at their most concerning level since 2021, so while stocks could keep running, the setup is one to treat as high-risk rather than blindly expect smooth gains.6d ago
The Money Guy ShowBEARI’d be cautious with SPX buy-and-hold at today’s high ~21x multiples because the forward real return can be only ~2–3% (even 0% or negative), so the “get rich” myth from the usual ~12% historical figure doesn’t hold up in the current regime.7d ago
Everything MoneyBEARChasing hyped IPOs tends to be a losing strategy versus the SPX because only 29% of IPOs trade higher a decade later (and 71% trade lower), leaving investors with long-run underperformance.11d ago"The S&P 500 is in an end-phase “parabolic meltup” with valuation and risk signals at their most concerning level since 2021, so while stocks could keep running, the setup is one to treat as high-risk rather than blindly expect smooth gains."
"I’d be cautious with SPX buy-and-hold at today’s high ~21x multiples because the forward real return can be only ~2–3% (even 0% or negative), so the “get rich” myth from the usual ~12% historical figure doesn’t hold up in the current regime."
"Chasing hyped IPOs tends to be a losing strategy versus the SPX because only 29% of IPOs trade higher a decade later (and 71% trade lower), leaving investors with long-run underperformance."