“There’s a whole series of bubbles going on right now,” Richard Bernstein - Prices, Wages Rise at Fastest Pace in Decades
He speculates a meltdown could resemble the tech bubble. It took 14 years for the Nasdaq 100 to break even if you invested in it on Dec. 31, 1999, he noted.
Bernstein warned rising home prices were starting to make the mid-2000s housing bubble seem rather mild.
U.S. Prices, Wages Rise at Fastest Pace in Decades
WSJ 29 October 2021
https://www.wsj.com/articles/consumer-spending-personal-income-inflation-september-2021-11635449959
Nice, sort of, video about supply problems.
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