Is Wall Street in a ‘boom loop’ or heading for a ‘doom loop’?
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Article Excerpt
Is Wall Street in a ‘boom loop’ or heading for a ‘doom loop’?
JAMIE MCGEEVER
ORLANDO, FLORIDA
REUTERS
PUBLISHED MAY 5, 2026
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A virtuous cycle is building on Wall Street. Sky-high expectations for corporate earnings growth and investor returns are driving benchmark indices into the stratosphere, pushing investor bullishness even higher.
Is this the “boom loop” that Bank of America analysts have coined - or is it sowing the seeds of an inevitable reversal t…
Read full article at The Globe and Mail ↗
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