Peter Kraus, founder of Aperture Investors, who has been on Wall Street for many years, said in an interview with foreign media that investors should not be caught off guard by market adjustments because the stock market has entered a bubble situation and many stock market catalysts have been reflected in the market.
Kraus said that investors should pay attention to these market bubbles, the market is very tolerant of 10% to 15% consolidation, no one should be surprised. He also said that although many investors believe that U.S. President Joe Biden to promote the Epidemic relief measures, but a very large part of the stimulus effect has been reflected in the stock price above.
In addition, Kraus also reiterated his warning about the re-emergence of Inflation. He pointed out that the U.S. government’s economic stimulus measures are expected to exceed $5 trillion, the Federal Reserve’s balance sheet doubled, which is difficult not to constitute an impact on inflation, when inflation rises, real interest rates turn positive, the potential impact on over-valued shares.
Kraus was a senior asset management co-head, as well as a large fund company AllianceBernstein CEO, two years since the formation of a new company.
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