Bubble

Where Wall Street Thinks The Biggest Bubble Is

We are officially in bubble territory. Earlier today, coinciding with the release of the latest Bank of America Fund Manager Survey, Deutsche Bank also published its latest monthly survey (Jan 13-15) polling 627 market professionals, and which found that just a paltry 12% of respondents saw no bubbles in financial markets. So with almost 9…

Ex-Bridgewater Analyst: Yes, Bitcoin Is A Giant Bubble… But The Global Fiat System Is An Even Bigger Bubble

Submitted by Howard Wang, co-founder of Convoy Investments, formerly of Bridgewater In December 2017 I wrote a paper titled “What causes asset bubbles” featuring the chart below. A few days later, Bitcoin prices peaked and fell 85% within a year. It seems Bitcoin is back. I believe we are in the midst of another bubble,…

Lance Roberts: GMO's Jeremy Grantham Is Correct, There's An 'Epic Bubble In Stocks'

Following GMO’s co-founder Jeremy Grantham’s renewed warning about extreme overvaluations, RIA Advisors Chief Investment Strategist Lance Roberts chimed in on the conversation Thursday morning.  In “Three Minutes on Markets & Money,” Roberts agress with Grantham, saying, “the stock market is in a bubble.”  To refresh readers on Grantham’s Tuesday note titled “Waiting for the Last Dance,”…

Fed's New Paradigm Adds Helium To The Stock Bubble

Authored by Mike Shedlock via MishTalk, Valuations are not only high, they are among the highest on record. The Laws of Investing The Wall Street Journal asks Has the Fed Rewritten the Laws of Investing? It has been an odd year with the Covid-19 crisis hammering the economy, but stocks recovering from sharp losses and then…

Forget GOAT, Look At GBOAT: The Greatest Bubble Of All Time

Authored by Charles Hugh Smith via OfTwoMinds blog, So enjoy the GBOAT (greatest bubble of all time) but watch the clock. Sports fans debate who qualifies as GOAT–the greatest of all time: in hoops, Kobe, Jordan, Kareem, Magic; in boxing, Ali, and so forth. What we have today is GBOAT–the greatest bubble of all time That it’s GOAT is…

Goldman Warns “Frenzied” SPAC Bubble May Be Ending

One of the remarkable stories of 2020, one which has sparked many comparisons to 2007 just before the credit/housing bubble popped, has been the record surge of blank-check, or SPAC, issuance where investors – at a loss what to invest in – hand their money to a marquee investor who promises to find an appropriate…