Did the Lucid and Rivian Bubble Burst Just Signal a Stock Market Top?
The stock market, crypto market, real estate market -- even Pokémon cards are hovering around all-time highs. Meanwhile, the real economy is facing 30-year-high inflation rates, ongoing supply chain challenges, and a way of life that remains very much impacted by COVID-19.
There are different viewpoints on the disparity. But when investors see companies like Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) valued at a combined $200 billion -- it raises some red flags. Here's why Lucid and Rivian could signal a market top, how to approach those two companies, and what to do if you're worried about a downturn.
Image source: Lucid Group.
Source Fool.com
