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Bubble

There Is No Bubble in the U.S. Stock Market, But…

One of my personal pet peeves about market pundits these days is the preponderance of bubbles being sighted. Nary a day goes by where you don’t see an article on the major financial sites about a bubble in this or a bubble in that. The problem is that almost by definition, when a bubble is forming, nobody sees it.

Think back to the heady days of early 2000. Do y...

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