This is a ChatGPT-free Zone
Yes, it’s a tsunami. Tsunami of liquidity. A fiscal tsunami. Both at the same time. People seem baffled at the strength of the stock market; they keep saying the market is ‘divorced from economic reality’ and things like that. Others say this is a big bubble waiting to implode. I don’t mean to argue that…
Bubblicious? People still speak of bubbles a lot, bubble in the bond market, stock market, unicorns etc. But I still don’t really see a bubble except in certain areas of technology. Otherwise, things seem to be in a normal range to me, except interest rates. They do seem a bit low, but having said that,…
Buffett was on CNBC the other day and it was very interesting as usual. Well, most of what he says is not new. Not in Bubble Territory Anyway, he was asked about the stock market and since so many people keep saying that the stock market is overvalued or that it’s in a bubble, I…
So bonds are ‘crashing’ and stocks are going up. Some say that this can’t continue; you can’t have stocks and bonds go in opposite directions for long before something snaps. Well, this is true to some extent. But it sort of depends on which way the ‘snap’ is happening. What if bonds were way overvalued…