Currently, it’s difficult for investors to become any more enthusiastic about market returns. ETFs have seen record inflows in recent months. During the last 120 years, overvaluation and extreme ...
Near peaks of market cycles, investors become swept up by the underlying exuberance. Every bubble has two components: an underlying trend that prevails in reality, and; a misconception relating to ...
Bubbles are evident and only get acknowledged after they pop. Such is because, during the inflation phase of the market bubble, investors rationalize why “this time is different.” Jeremy Grantham ...