A Bubble is Coming
November 10, 2009 by Super Saver
k market advance, I can't help thinking we're in the midst of a bubble, which is soon to be a very big one. Low interest rates have created two major bubbles in the past, the stock market tech bubble of the late 90s and the real estate bubble of the mid 00s. Low interest rates fueld both bubbles, which eventually burst after a few years.Nowadays, we have a similar low interest rate environment and the stock market is making significant advances, not seen since the 30s. With the Dow crossing 10,200 on Monday, November 9, 2009, I expect panic buying to continue, resulting in a rapid rise. However, as with all bubbles, I expect there to be eventual bursting. In the meantime, I hope to profit from the bubble before the inevitable burst :-)
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This is not financial or investment advice. Please consult a professional advisor.
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