Investors believe the stock market is in bubble territory according to a new survey from E*Trade Financial.
Out of 904 active investors who manage at least $10,000 in an online brokerage account, 66% of them think the market is either fully or somewhat in a bubble, according to E*Trade. An additional 26% said the stock market is “approaching a market bubble,” while only 8% said stock valuations are “not close to a market bubble.”
The survey also revealed that recession fears linger. 32% of investors listed a recession as their top portfolio risk right now.
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