> In 1999 the market was over valued and the bubble soon popped. Here's a chart of the Dow Jones Industrial Average. Please identify this bubble popping that y

> In 1999 the market was over valued and the bubble soon popped. Here's a chart of the Dow Jones Industrial Average. Please identify this bubble popping that you speak of. https://imgur.com/a/4et6w https://imgur.com/a/4et6w After 18 years we can say that Galbraith was objectively wrong. When assets appear overvalued, sometimes they are, and sometimes people just don't see their potential at the time.