Revival of Meme-Stock Frenzy Points to a Frothy US Stock Market

This week's meme-stock resurgence, featuring companies like GameStop and AMC, signals a potentially frothy peak in the US stock market. According to a Bloomberg survey, over 40% of respondents view this as a sign of market euphoria and a cue for caution. Despite recent highs in major indexes, the surge in meme stocks, driven by sophisticated traders this time, is seen by some as a warning rather than a positive market indicator.