Investors have become complacent about risk and have succumbed to the exuberance that preceded the 2008 crash and the dotcom collapse, warns Larry Summers
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This is a rather sinister sign, and could lead to a major loss of investor money in the coming days if the warning signs are not paid heed to at the earliest, says Larry Summers, a market expert and a former Treasury Secretary.
Could the US stock market come crashing down badly?
The US stock market could come crashing down badly in the coming days due to a variety of factors, and dying out of the AI overhype and the overheatedness of the market would be primary reasons, according to market analysts at Wall Street.
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Meanwhile, Summers is of the opinion that US investors have now become complacent about the risks of the market and are willing to hit it even bigger to mean even better profits.
Will US stock market history repeat itself?
But all the profits earned in the last couple of years by US investors could go down the drain if the market trends stay so volatile through 2025, says Summers.
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