On March 16th, the S&P 500 reached a record closing high on the back of optimism around an economic recovery, fuelled by the US vaccine roll-out.
But all is not necessarily well in the wider US stock market. Tech stocks, in particular, have found themselves under increasing pressure in recent weeks, as mirrored by a slump in the Nasdaq Composite.
Meanwhile, the US Federal Reserve has maintained a dovish stance amid rising bond yields creeping fears of inflation.
In the latest instalment of our regular podcast series, Chief Market Analyst Naeem Aslam is joined by special guest Simon Friedman from the AvaTrade sales desk to discuss whether these signs are omens of an oncoming stock markets crash.
As Simon observes, record highs tend to be followed by a crash, but will history repeat itself this time or is the Fed right in assuming that this is just a temporary blip?
Listen to the podcast here
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