Even after the recent pullback, Barclays says stock valuations are at their dot-com peaks with some of the worst risks hidden in the biggest stocks.
Beating the S&P 500 is easy when you simply refuse to follow the directions. But breaking with the benchmark can cut to the downside as well.
We're not all winners. High leverage hedge funds are still deep in the hole and cutting costs to survive. At least they've avoided liquidation for now