A Melt-up is much more pleasant than a Melt-down but one like Warren Buffet is staying on the sideline waiting for bargain prices

 

The Danger of a Market Melt-Up

Traders have repeatedly shrugged off President Trump’s disruptive tariff wars and fiscal policy, pushing U.S. stock prices back into expensive territory, our columnist says.

By Jeff Sommer

Jeff Sommer writes Strategies, a weekly column on markets, finance and the economy.