Boom Bubble Bust: Part II - The ETF Mania

Thu 13 Jul 2017

Brian Dennehy

Membership Access | bronze

Market commentary

Last week, in part 1, we looked at past bubbles, and noted that a key ingredient in the euphoric bubble stage is some form of extreme, irrational, investment behaviour. Is there such evidence now? Is there a “mass escape from reality”, as JK Galbraith put it?

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