Twin Bubbles And Something That’s Never Happened Before

So far, 2022 hasn't been the best year for humanity. Ukraine isn't the world's only humanitarian crisis. It's important we don't forget that. But the war in eastern Europe does pose a different kind of threat than, say, the catastrophe in Yemen or the conflict in Syria. Houthi drone attacks on the Saudis are so routine they barely make the news anymore, unless they threaten Aramco facilities. Occasionally, Israel will target Iranian troops inside of Syria, but again, missiles landing near Damas

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2 thoughts on “Twin Bubbles And Something That’s Never Happened Before”

This could be the denial in me talking, but:

While inflation is large, I don’t think this is the event that derails the everything bubble. Once enough people are out of a job worldwide such that consumption isn’t far outpacing supply, money can continue being printed to maintain the lifestyle of the rich nations.

I can see this bubble getting burst only via a major deterioration of investment conditions in Europe or the US: civil unrest, foreign war impacting the territory of rich nations, military technological retardation, crippling of the rule of law.

Is it possible that the biggest bubble of all is in “fear”? Time and time again, human ingenuity has gotten out of our jams. I remain comfortably long my profitable individual tech and semiconductor stocks ( msft, aapl, googl, nvda, etc.). While Wallstreet is busy downgrading semis, it looks like institutional money is pouring in – just read something about investors pouring $1B plus into SOXL- just last week.