Name: Are we in a stock market bubble? | Charts that Count
Uploaded: 2021-01-15T08:52:35.000Z
Duration: 3 min 36 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

One of the tricky things about asset bubbles is that they

様態の副詞

cannot be conclusively identified while they still

Only once a bubble has popped can we be sure

There are, however, two necessary if not sufficient

conditions for the existence of a bubble.

The first is an accelerating increase in prices

that forces valuations near historical highs.

The second is increasingly speculative and insane

Here is the Nasdaq index, which is heavily

weighted towards technology, the sector where valuations

despite the small matter of a global pandemic

There's plenty of that going around, too.

Perhaps the ripest example of investor insanity

company that has seen its share price octuple this year.

There was a two-day period a couple of weeks

ago in which Tesla added the entire market value of the Ford

Or how about the rocketing price of an asset

that, depending who you talk to, may have

is that stocks have to be so expensive because government

That is to say while stock prices are high,

is actually at the low end of the historical range.

says that justifying the high prices of stocks

by pointing to historically low bond yields

is nothing more than justifying one asset bubble by reference

But the fact remains that the Federal Reserve

can keep bond yields low simply by buying

unless inflation spikes and the situation

The question of whether we have an asset bubble in the US stock

market is nothing more or less than the question

If you own stocks, keep a close eye on the prices of everything