JPMorgan Sees 'Froth' in US Stocks, While Goldman Says Rally Justified.

J.P. Morgan Chase & Co.; GOLDMAN Sachs Asset Management (Company); EXCHANGE traded funds; INVESTORS; STOCKS (Finance); STOCK prices; FUTURES; BONDS (Finance)

According to a Bloomberg article, strategists at JPMorgan Chase & Co. and Goldman Sachs Group Inc. have differing opinions on whether a market bubble is forming due to the sharp rally in US stocks this year. JPMorgan's chief market strategist, Marko Kolanovic, believes that the market is showing signs of accumulating froth, which typically precedes a bubble. On the other hand, David Kostin at Goldman Sachs argues that the risk-on mood is justified, as Big Tech's valuations are supported by fundamentals. The article highlights the debate surrounding the sustainability of the bullish run in the stock market. [Extracted from the article]

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