Stock Market Bubble And Gold

After just under one week on the open market, Snap's stock price has reached a high of $28.84 and a low of $20.80. Will the current unpredictability of Snap's stock price scare inexperienced millennials into selling early? An initial public offering is one of the first steps to getting a privately-owned company onto the public stock market. The average age of Robinhood users who bought Snap stock is a mere 26, four years younger than Robinhood's average user age of 30. What is most striking about Snap's IPO is the number of millennials who have made their first foray into the stock market thanks to Snap.


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Stock Market Bubble And Gold

This development raised again concerns about the condition of the U.S. stock market - further gains could be a headwind for the gold market, but the end of the bull market would support the yellow metal. Does it mean that there is a bubble in the stock market? However, the current bull market may continue further - hence, investors who felt like buying gold as a hedge only against the imminent stock market crash may consider holding their horses. Let's analyze whether the U.S. equities are in bubble territory and draw conclusions for the gold market. The stock market looks a bit elevated, but does not suggest a bubble.







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