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As Wall Street’s S&P 500 reached its first record close in more than two years on Friday, the CEO of one of the world’s largest independent financial advisory and asset management organizations is issuing fresh warnings to investors 

The “urgent alert” from deVere Group’s Nigel Green comes as the large-cap benchmark index SPX finished at 4,839.81 on Friday, surpassing the prior record close of 4,796.56 reached on January 3 2022. 

He says: “With the S&P 500 topping 4,800 for the first time in its 66-year history, it’s all-too-easy for investors to become overly confident and complacent.