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News Topical, Digital Desk : Nick Maggiulli, author of the investment and data blog 'Of Dollars and Data', recently said in a blog post that he has a bearish outlook for the US stock market for the second time since 2017. He has written that alarm bells are also ringing on the valuation of the US stock market. The price-to-sales ratio of the S&P 500 is currently around 3.2, which is equal to the dot-com bubble of 1999 and the COVID rally of 2021. History shows that the market does not last long at such a high level.

Big financial institutions are also warning investors. Vanguard has advised to keep 70 percent bonds and only 30 percent stocks for the next 10 years. At the same time, there are signs of change in the tech sector as well. Meta has recently stopped its AI hiring, which was offering million of dollars to AI researchers some time ago.


Read More: IndusInd Bank News: After the CEO, there is news of another change in management, keep an eye on the stock

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