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I agree with your viewpoints on bubble behavior. Robert Shiller used "bubble behavior" analyses to predict the 1999 tech bubble and the housing bubble in Irrat
by MrPowers 6y ago
I agree with your viewpoints on bubble behavior. Robert Shiller used "bubble behavior" analyses to predict the 1999 tech bubble and the housing bubble in Irrational Exuberance. His book talks extensively about fundamentals and human psychology. Jeremy Siegel also has performed robust bubble arguments. I'm arguing that the blogs bubble behavior argument is low quality because it doesn't discuss the fundamentals and performs an apple/oranges comparison.
The bubble conclusion might be right. A good bubble argument should demonstrate how the market price has completely detached from fundamentals.