![]() ![]() The first signs of it bursting occurred in 2022 when the Nasdaq dropped 38%. Market bubbles are characterized by a rapid rise in stock prices before being met by a sharp fall.ĭent stated the ‘everything bubble’ picked up momentum in late 2021. Harry Dent, a leading economist said, “I think 2024 is going to be the biggest single crash year we’ll see in our lifetimes.” He continued, “I don’t think we’ll ever see a bubble for any of our lifetimes again”. But now, the tap of free money has been turned off and the bill for the astronomical debt is coming due. Today’s prices are deemed by some experts as 100% artificial. Since 2009, an ‘everything bubble’ – composed of stocks, bonds, real estate, and crypto – has been inflated by unprecedented money printing and deficits.
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