Wednesday, July 3, 2019

This Sounds More and More Bubbly! Meet the Everything Bubble!

...And it sounds more and more like the "everything bubble"! Look at these headlines today:

Meanwhile, stocks are setting new record highs, even as jobs weaken. Job weakness, by the way, is known as a "lagging" economic indicator! It is one of the last things to drop when the economy approaches a recession.