Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Mark Hulbert: There’s Only A 4% Chance We’re In A Stock Market Bubble
FYI: Stop using “bubble” every time you want to express disenchantment with the stock market. Please. Stock market bubbles are extremely rare events. When we indiscriminately throw “bubble” at everything we think has become overvalued, a fad or simply disapprove of, the term risks becoming meaningless. Regards, Ted http://www.marketwatch.com/story/theres-only-a-4-chance-were-in-a-stock-market-bubble-2015-11-10/print
I read this article. Please excuse me while I go and throw up. There should be an internet tax levied on authors who put stuff out there. Every time reader hits the URL, he should be fined.
Comments
In other words, there's a bubble in "bubbles."
(and welcome back, Ted)
Including the bond side of life, I'm leaning more towards.....
3.14159265359
Now go have a piece of "pi". Free to veterans today.
Lastly, I'm still pondering negative swap rates in bondland; and wondering if a good butt kicking is ahead on the road to successful investing.
Take care,
Catch
I'm more inclined to think the whole universe is a bubble.