Bernstein Flags Bear Market Risks, Urges Gold Allocation
Renowned investor Richard Bernstein warns that market fundamentals point to an elevated risk of a sustained bear market.
He highlights deteriorating corporate profit margins, high valuations, and macroeconomic instability—including rising deficits and geopolitical risk.
Bernstein recommends investors reduce equity exposure and increase allocation to non-correlated assets such as gold. His call echoes a growing chorus of strategists urging caution amid fiscal and political uncertainty.
