134 days ago • Posted by Martin Boujol
Are we in a bubble? This chart says no
We may be in a boom. But not all booms are bad, if supported by strong economic factors, such as strong expected growth and earnings. In the following chart, is a diagram of major bubble of our financial system, from the tulip crash to the tech bubble of 2001. What's interesting to observe are the S&P 500 and Bitcoin. Some stocks may be a little overvalued, but we've seen worse.
Source: Goldman Sachs Global Investment Research, Bloomberg, Tracy Alloway