Is the US stock market in bubble territory?

I’ve long believed a psychological diagnosis is more effective. I look for highly irrational exuberance

In short, bubbles are marked by bubble thinking.

There’s usually a grain of truth underlying every mania and bubble. It just gets taken too far.

The forward p/e ratio on the S&P 500 is high but not insane at 23.6 times.

Howard Marks co-founder and co-chair of Oaktree Capital Financial Times 7 January 2025

Daniel Kahneman, winner of the 2002 Nobel Prize in economics got his 15 days of fame.

One of Jamie Dimon’s daughters called him up from school with a question more than a decade ago: “Dad, what’s a financial crisis?”

The billionaire who runs JPMorgan Chase & Co. tried to put her at ease.

“It’s the type of thing that happens every five to seven years,” he told her, he later testified to the Financial Crisis Inquiry Commission.

Tillbaka till Rolfs länktips 7 januari 2025

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