Stocks Are Near Record Highs, but Readers See a Correction Coming

Major stock market indexes are at or near record highs, but nearly three-quarters of The Information’s readers expect a correction of at least 10% within the next year. And nearly six in 10 think private companies are even more overvalued than public companies, according to our latest survey.

Sentiment around Nvidia in our survey fell by a stunning margin this month, suggesting many readers think the chipmaker’s bull run has gone too far. It’s the first time since February 2023, when we started our surveys, that pessimists about Nvidia have outnumbered optimists.