Eric Hovde: “Equities will remain in a bubble through the end of this…”

“Asset value predictions. Equities will remain in a bubble through the end of this year and the beginning of next, helped by rate cuts. However, non profitable and speculative mean stocks will start deflating because the big hedge funds will say we're not going to play it all the way to an end, we're going to start getting out.” (00:03–00:09)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.