After two spectacular years, are stocks in a ‘bubble’? - Seymour Tribune

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After two spectacular years, are stocks in a ‘bubble’? - Seymour Tribune

By Mickey Kim Guest columnist Two short years ago was a dark time for U.S. financial markets as the Federal Reserve’s crusade against inflation resulted in a record destruction of wealth. In 2022, U.S. stocks had their worst performance since the depths of the Global Financial Crisis in 2008, the “bear market” erasing almost $13 trillion in market value from stocks. Fast forwarding, investors with fortitude were amply rewarded, as the S&P 500 fi…