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Stock Market Irrationality Has A Limit

By Seeking Alpha May 07, 2026 Bearish
Stock Market Irrationality Has A Limit
AI-driven profits and S&P 500 growth fuel bullish sentiment, but I see signs of irrational exuberance and extreme market concentration. Semiconductor valuations and Japanese/Korean indices appear stretched, with parabolic rises disconnected from real economic risks and cyclicality.
AI-driven profits and S&P 500 growth fuel bullish sentiment, but I see signs of irrational exuberance and extreme market concentration. Semiconductor valuations and Japanese/Korean indices appear stretched, with parabolic rises disconnected from real economic risks and cyclicality.