Are You in a Bubble?

Source: National Review
by Neal B Freeman

“The investment gurus seem to have fine tools. They can pinpoint exactly where you are in the various stages of a market cycle. Consult the tony financial-information sources and you can find there, on any given day, a heavily credentialed analyst who thinks you are at the front end of a powerful secular upsurge. The problem is that you can find nearby another, equally credentialed analyst who thinks you are at the precipice of a steep, wealth-crushing plunge. Those fine tools seem to produce different products in different hands. And they leave unanswered the only question that really matters to you and me, ‘Are we in a bubble?'” (06/03/24)

https://www.nationalreview.com/2024/06/are-you-in-a-bubble/