I can't see how these two sets of data correlate into a massive bubble popping, just that the reality is that the US is still trying to come out of the results of the last bubble bursting...as an example, since the fall of 2008, unemployment has not recovered, so what, exactly, is about to burst?
I would think that hyper inflated values and unsustainable YOY gains in valuation for asset classes (stocks, real estate, internet companies) would be more of an indicator of a bubble.
But don't you think we're seeing those in commodities and many stocks, including but not limited to tech stocks? You wouldn't see it in real estate, because popped bubbles don't reinflate. Whenever I see a company like Cisco drop huge %'s overnight not on a loss, but on "somewhat worse than expected" revenue, my alarm bells start going off.
"Cisco's (CSCO, $19.04, -$3.00, -13.61%) fiscal second-quarter profit declined 18% with margins sliding for a fourth consecutive quarter as the company faced increasing pricing pressure in its core products and sold less profitable consumer products. "
I'm seeing increased competition in a rough market driving profits down, not the warning bells of a pop.
I would think that hyper inflated values and unsustainable YOY gains in valuation for asset classes (stocks, real estate, internet companies) would be more of an indicator of a bubble.