Financial expert turned convict Martin Shkreli, also known as “Pharma Bro,” recently shared his bearish views on popular stocks such as Bitcoin, MicroStrategy, and several quantum computing companies. Despite his controversial past and unconventional methods, Shkreli’s analysis suggests that there might be a market correction coming soon.
He highlighted indicators like the Dow’s recent losing streak and the S&P 500’s price-to-book ratio, which resembles the dot-com bubble era. However, it remains to be seen whether his contrarian approach will pay off this time around.
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