We have never seen capitulation to the upside before. I don’t know what else to call it. We’ve seen it near bear market bottoms, but never during bull markets. Even the Nasdaq-100, the greatest bubble of them all, did not… Read More ›
The Smart Bird
The Early Bird for Investors — Provides a summary of the best commentary and pertinent news
We just hit a new all-time record in the SP500 price to Sales surpassing the 2000 stock market bubble and all other peaks before it.
We are living through the largest broad-based financial bubbles in history – stocks, bonds, real estate and bitcoin. Bubbles by nature grow through self-reinforcing feedback loops. Bubbles mostly grow, not pop. Eventually they pop, but some of the strongest growth… Read More ›