13 ms·
Equity bubbles are nothing new. I do think we're in a bit of a bubble (not a huge one, but the market is overvalued right now IMO) but again, the market is cycl
by exelius 9y ago
Equity bubbles are nothing new. I do think we're in a bit of a bubble (not a huge one, but the market is overvalued right now IMO) but again, the market is cyclical and I expect we'll enter bear market territory again soon. But on the other side of every equity bubble are hedge funds looking to short sell the crap out of everything. Once those guys start making money again, we'll know the bubble has burst.
Also, 10-year T-bills still exist if you're afraid of an equity bubble. Returns are historically bad, but they've always been used as more of a safe haven to stash money during a downturn than anything else. The fed is raising rates again, which will likely end up cooling off the equity market.