- Nvidia is in a bubble, stocks will falter, and a recession will hit this year, Jesse Felder said.
- The markets guru said the microchip frenzy would fade, and stock-market returns would drop off.
- Prepare for slower growth, higher unemployment, and sticky inflation and interest rates, he said.
Nvidia hype is a bubble that will burst, stocks will disappoint for the next decade or longer, and a recession will strike this year, Jesse Felder said.
The veteran analyst behind “The Felder Report” made his case on the latest “Thoughtful Money” podcast episode.
He warned the microchip buying frenzy wouldn’t last, the market’s outsize returns would dry up, and the economy might sink into stagflation.
https://finance.yahoo.com/news/nvidia-bubble-stocks-disappoint-decade-170002409.html