Yes, This is a Bubble – But Don’t Sell Yet

This time isn’t different, but that doesn’t mean we’re at the top already…

This story was originally published here.

I’ve seen this movie — in fact, several times in the past 38 years — and it doesn’t end well.

I saw it in 1987, when the stock market crashed 22% in one day … in 2000, when the dotcom bubble burst … and during the 2008 financial crisis.

With age comes wisdom, and I’m here to tell you that this bull market is not different, despite what others are saying.

Now, I can’t call a top on the markets. To think that anyone can is silly. Markets can stay irrational longer than you’d think possible. Just look at what’s happened with GameStop.

But, at the end of the day, the law of gravity hasn’t been repealed, and trees don’t grow to the sky.

So, I want to share the view on this stock market run-up from where I sit. That way, it’s easy to understand, and you can see exactly where I’m coming from… Story continues here.

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