Welcome back to Market on Close. We're discussing warnings from Goldman Sachs and Morgan Stanley about a possible 10 to 20% correction over the next year or two, despite the record-breaking rally driven by AI hype and high valuations.
Marley Kaden
David Solomon
The correction could come quickly and even without a major trigger; a pullback of 10 to 15% would be a healthy pause rather than a crash.
Given the warning, investors should stay alert and expect turbulence.
Marley Kaden
Sam Bodis
Technology and semiconductors are under pressure today, influenced by cautionary guidance around valuations and warnings from Wall Street CEOs.
Earnings and other upcoming events could influence short-term market direction.