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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Is today’s stock market priced too high? Economist Brian Wesbury, Chief Economist at First Trust Advisors, has been warning that the market is overvalued by roughly 40% based on his fair value model of the S&P 500.
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down Wesbury’s analysis:
- Why rising Treasury yields could drag stock values lower
- Why First Trust has set a year-end S&P 500 target of 5,200 (a potential 19% drop)
- What AI, big tech, and other sectors may mean for long-term growth opportunities
Bottom line: Expect volatility in the coming months, but remember—the key is to stay invested for long-term growth while working with a financial advisor to make smart adjustments along the way.
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