The markets, by far had their best day of 2016 with the Dow, S&P & NASDAQ all recovering nicely, but the enthusiasm was tempered by a disconcerting headline on CNBC that got the attention of anyone who invests in an ETF or a Mutual Fund. The headline read:
“Red Alert! A $1 Trilion Dollar Stock Bubble Ready to Burst!”
What does it mean? Watch the report from CNBC below.
Here are the final numbers from Thursday, 1/14/16 on Wall Street:
Dow Jones Industrial Average: 16,379.o5 (+227.64/ +1.41%)
NASDAQ: 4,615.00 (+88.94/ +1.97%)
S&P 500: 1,921.84 (+31.56/ +1.67%)