Lots of clever people have been pointing out that the US stockmarket is in bubble territory. There are lots of indicators you can point to that confirm these suspicions.
Here s just one – apparently a new Spac (a cash shell that goes public with the intention of bringing privately-listed companies to market) is to list on the Nasdaq with the ticker LMAO.
If that s not a sign that the market is bubbly, I m not sure what is. The real question is – what makes a bubble pop?
The bubble triangle
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