"Stock prices have reached what looks like a permanently high plateau." - Irving Fisher https://www.federalreservehistory.org/essays/stock-market-crash-of-1929

"Stock prices have reached what looks like a permanently high plateau." - Irving Fisher https://www.federalreservehistory.org/essays/stock-market-crash-of-1929 https://www.federalreservehistory.org/essays/stock-market-cr... Be careful proclaiming that a bubble can't burst. They have been known to last both a long time and crash harder than what anyone expected.