JPM’s Kelly Says Markets Due for Significant Correction

The transcript discusses the shift from pessimism to optimism in the market, highlighting the role of the internet as central to the economy. It warns of potential market corrections due to overvaluation and the lack of investor rights. The discussion also touches on the challenges faced by CEOs who have not experienced economic downturns, emphasizing the importance of realistic valuations and long-term returns.

What concerns does the speaker express about overvalued stocks?

How does the speaker differentiate between Evan Spiegel and Mark Zuckerberg?