Market analysts are expressing growing concern over the trajectory of the US stock market, particularly highlighting Nvidia's unprecedented rise driven by the AI sector.
Drawing comparisons to historical market crashes like 1929 and the dot-com bubble, experts fear that current valuations are unsustainable and may lead to a severe correction.
Economist Harry Dent predicts a significant downturn, citing potential declines of up to 92% in the Nasdaq and 98% in leading stocks like Nvidia.
Factors contributing to these warnings include inflationary pressures, the Federal Reserve's cautious stance on interest rates, and speculative trading in the tech sector.
Analysts suggest that despite recent economic indicators, the market remains vulnerable to sentiment shifts that could trigger a rapid sell-off akin to previous downturns.