"A Breather Is Warranted, Likely" - Goldman Warns Stocks Might Be Nearing A Point Of 'Irrational Exuberance'

Another week and another all time high, with the S&P 500 breaching 5000 for the first time ever, Japan breaking out to record highs, Bitcoin topping 50k, and ARM more than doubling in a week...

As Goldman Sachs trader and managing director, Bobby Molavi noted earlier in the week, "there is definitely a growing feeling of exuberance and 1999 about markets."