On: The Everything Bubble Is Ready to Pop

[trebor]

Are there any other sources corroborating this?

[jacquesc → trebor]

I think it's just a prediction. There's always people predicting a downturn when things are frothy in the stock market. Inevitably someone gets it right and looks like a genius when things crash.

[trebor → jacquesc]

Well, normal markets have a sawtooth growth pattern. It's only a matter of time till each of the discussed markets reaches bubble-proportions, then pops. History proves that with both the stock/real-estate markets. But I haven't heard anyone else predicting 5 simultaneous bubbles like this.

[bognition → trebor]

There are a lot of people calling bubble right now, but the number of people claiming a thing has 0 effect on how true a thing is.

The better question to ask is: What evidence is there that suggests the metrics discussed have predictive power?

[trebor → bognition]

Probably the same evidence for phrenology. I'm just skeptical that there's even 5 bubbles right now.