China’s stock market, almost universally acknowledged to be one of the world’s foremost bubbles, dropped more than 7% today, which is enough to cause widespread speculation that the bubble is popping, but not enough to make Chinese stocks a good investment.
Biotech stocks, which have risen 550% since the depths of the recession, are now prime targets of short sellers betting they will collapse in grand fashion. “Of any part of the market, this is the one with the most bubble-like characteristics, without question.”
After years of searching for the next financial bubble that will pop and leave little but empty wallets, broken dreams, and suicidal investors in its wake, it appears we have actually found it!
The financial markets have been on the rise for the past six years. That can only mean that doom is around the corner. What financial bubble is waiting to pop, and destroy us? Today: biotech stocks.
The American economy is booming, for the most part! That means that it is constantly a good time to worry about which part of the economy will collapse first. Today: shitty bonds?
Economic indicators and financial markets go up, and they go down. Sometimes they get really big, and then they collapse. What is the latest bubble? Perhaps.. the fear of bubbles itself.
The Great Recession of five years ago scared many Americans. Now that the Wall Street economy is booming again, many have rushed to warn against irrational exuberance. The common media practice of always staying one step ahead of conventional wisdom is now producing an Anti-Bubble Bubble.
In the financial world, as in the world of teen fashion, what is popular today will inevitably be reviled tomorrow. With that in mind: you simply must buy some stocks. They're absolutely divine, I hear!
"Bubble" is just "babble"—plus u. Buy! Buy! Buy! Buy! High! High! High! High!
The global economy is like a boiling pot of water— full of bubbles. Or you might say it's like a glass of soda—full of bubbles. Starting small, inflating, and finally bursting—bubbles. Where will he next economic bubble"pop up," ha? Perhaps in a land far, far away.
The farther we get from the last economic collapse, the closer we get to the next economic collapse. But which bubble is next to pop? Student loans? Desert real estate? Today, we turn our untrained eye to the backbone of the U.S. stock market.
Writes HotorNot founder James Hong on BitTorrent's party this week at Fluid, where rapper Sean Kingston took the stage:
