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Yes, but it's not clear whether the bubble will get bigger. If you were really old you could also say the same about recessions: better days will come, but will
by lordnacho 5y ago
Yes, but it's not clear whether the bubble will get bigger. If you were really old you could also say the same about recessions: better days will come, but will worse days come first?
A thing to remember about financial things is they end up affecting the "real" world. It's not just a matter of things being overpriced, overpricing can actually inflate the fundamental value of things. Indeed this is probably why it happens in the first place: often things get better with investment, and those gains are visible to investors, who end up getting overexcited.