5 days ago
- Business
- Wall Street Journal
Spotting Clouds in a Carefree Summer Market
On a sunny summer's day, you might think of going to the beach. Or you might list the things that ought to be worrying investors, and mostly aren't. Your scribe chose the latter, as regular readers might expect.
The list of what is actually giving investors pause is remarkably short, itself a reason for concern. If stocks climb a wall of worry, they may be approaching the top—and the nasty slide down the slope of hope.