Bear market is coming? Charles Schwab issues a warning, US stock market trend remarkably similar to the previous crash before

Charles Schwab issued a warning, stating that the current stock market scale is starting to resemble that of 2021, which is "alarmingly similar" to the situation before the last crash. Chief Investment Officer Liz Ann Sonders pointed out that the increasing divergence between index levels and individual stock performance is a risk worth noting. Although the S&P 500 index has experienced a maximum decline of about 5% this year, individual stock declines are more significant, with the situation being worse for the Nasdaq index. Charles Schwab stated that the current market bull run is highly concentrated in a narrow stock sector, thanks to the second beneficiary of the artificial intelligence boom and the country's energy network construction