Attention Economy


Tuesday, December 7, 2021

Asset Bubbles

The Ugly Truth About Market Bubbles Is That Everyone Loses
https://www.bloomberg.com/opinion/articles/2021-12-07/stock-market-the-ugly-truth-about-bubbles-is-everyone-loses
The bears are always too early and the bulls, who have been conditioned to buy every dip, stay too long at the party.
 
Investors piling on risk are setting themselves up for a fall
https://www.ft.com/content/32e000cf-c95a-4940-8985-f67ca6170ae8
Central banks’ asset-buying spree has created a huge overhang, limiting their ability to support prices in a future downturn
 
Stocks Rebound Faster from Each Covid Drop
https://www.nytimes.com/interactive/2021/12/07/business/omicron-stock-market-covid.html