When a market behaves according to fundamentals, it’s easy to track. When there is euphoria and manipulation, it becomes quite difficult. Today we have a narrowing band of investments, many passive investors, and a recipe for certain disaster. But enough with the gloom and doom, let’s talk about unicorns and rainbows instead!
Bull run has echoes of 1920s: Nobel Prize-winning economist Shiller
https://www.cnbc.com/2018/10/01/bull-run-has-echoes-of-1920s-nobel-prize-winning-economist-shiller.html
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More money-losing companies than ever are going public
https://www.cnbc.com/2018/10/01/more-money-losing-companies-than-ever-are-going-public.html
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