Correction in small, midcaps: No need for statement, says Buch

Small and midcap stocks have turned bearish, with some plunging over 20% in a short span. In March 2024, Buch warned of high valuations, cautioning against market froth. “Some call it a bubble, some call it froth. It may not be appropriate to let it keep building,” she stated, highlighting risks in these sectors.

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