Money Manager Wary of Speculative Investors — WSJ
By Oyin AdedoyinThe vibes may be good on Wall Street, but some financial advisers are concerned about over-hyped investors.Though the market remains strong, Eric Diton, managing director of The Wealth Alliance, worries about the rise in speculative investors pouring into meme stocks, options trading and crypto. His comments came on the same day Truth Social said it would partner with Crypto.com, introducing prediction markets to the U.S. president's social-media platform."Money losing companies are outperforming profitable ones," Diton said. "These are all signs of rampant speculation."This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).