yes, which is also a way of saying that the whole market is ALWAYS a bubble, and there is absolutely no way to tell when it is going to deflate again. Markets

yes, which is also a way of saying that the whole market is ALWAYS a bubble, and there is absolutely no way to tell when it is going to deflate again. Markets are made to inflate and deflate. Predicting that a deflation will happen doesn't make you a genius. Using the above quote to cover your back is basically saying that we always live in a bubble.