Investors Are Betting on a Market Melt-Up

They have flocked to stock funds at a pace rarely seen since 2008, but some warn that shares look expensive historically

By Gunjan Banerji

Updated Nov. 17, 2024 12:01 am ET

Photo: Johnny Simon/WSJ, iStock
A roaring market rally since the U.S. presidential election has driven up the price of everything from shares of technology and manufacturing giants to cryptocurrencies. Many investors are betting it has room to run.

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