Another day, another bubble call. It seems that some very high-profile investors are in a rush to call every outsized move to the upside a bubble. Not only is it a bubble, but it has to pop now, right? I have made my views pretty clear on the how I view the current market environment as being closer to the start of a cyclical bull market than to the end. This is still my base case. While many people think this is 1999, I think it is more like 1996 or 1997 if we are going to play the analog game.
Bubbles Everywhere
Bubbles Everywhere
Bubbles Everywhere
Another day, another bubble call. It seems that some very high-profile investors are in a rush to call every outsized move to the upside a bubble. Not only is it a bubble, but it has to pop now, right? I have made my views pretty clear on the how I view the current market environment as being closer to the start of a cyclical bull market than to the end. This is still my base case. While many people think this is 1999, I think it is more like 1996 or 1997 if we are going to play the analog game.