Fed says stock market boom, ‘ebullient’ investors warrant caution

Fed says stock market boom, ‘ebullient’ investors warrant caution

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Booming stocks, internet-driven “meme” investments and the black box of hedge fund financing pose increasing risks as the U.S. economy emerges from the coronavirus pandemic and investor appetite soars, the Federal Reserve warned on Thursday in its latest report on financial stability.

Read more at Reuters

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