One thing that plays in is the percentage of stock market ownership is institutional vs personal (ex for the DOW, it’s 71% institutional). Will a bubble pop if the bulk of shares are owned by companies who are mutually invested in not letting the bubble pop?
One thing that plays in is the percentage of stock market ownership is institutional vs personal (ex for the DOW, it’s 71% institutional). Will a bubble pop if the bulk of shares are owned by companies who are mutually invested in not letting the bubble pop?