What Is A Bubble And Are We In One? Goldman Answers

What Is A Bubble And Are We In One? Goldman Answers

What is a "bubble" and are we in one? Those two questions are a perennial obsession for market participants and especially for the financial media. There's always a bubble somewhere according to someone. But in 2021, the bubble calls are even more prevalent than usual for a laundry list of reasons, not least of which are readily observable manifestations of what looks like outright delirium, whether it's Bitcoin at $60,000 or GameStop at $200. Add to that stretched multiples, industry "legend
Every story you need, no story you don't. It's that simple. Get the best daily market and macroeconomic commentary anywhere for less than $7 per month. Subscribe or log in to continue.

6 thoughts on “What Is A Bubble And Are We In One? Goldman Answers

  1. Some things — TSLA at $800+ — clearly were at bubble valuations, but the fact that the market as a whole is not bubblecious doesn’t mean that many stocks aren’t overvalued. Especially if rates keep rising.

  2. Re: typical of a “hope” phase of a bull-market run after an economic slump.

    Yup, what we’re seeing is the typical reaction to a once in a hundred year pandemic — no big deal, nothing is different and this is just part of the normal growth trend that was in-place. Please continue to support Goldman and our analysts.

Leave a Reply to therealheisenberg Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints