The current bubble is in earnings, and if you assign a Shiller PE of 42 to those earnings, you get a massive bubble, bigger than the 2000 bubble. The risk is twofold: a decrease in earnings and a ...
Market bubbles carry a negative reputation because we witness the devastation in the aftermath of their collapse. However, from a broader perspective, market bubbles also carry active value.
Today, we’re talking about bubbles. Not the kind you play with. The kind that happen in the economy! Bridget and Ryan take a trip down memory lane to answer Jocelin’s question about what caused the ...