TIME

Are we about to pop?

Bubbles, bubbles everywhere. So say an increasing number of Wall Street professionals, who see the lofty prices of everything from equities to Bitcoin, new homes to the soaring value of newly public companies, as clear signs that the financial system is again on the verge of a major reset similar to what happened in 2000 and 2008. But is it true?

The fact that stocks have run up in aggregate 80% since they dived in the first weeks of the pandemic

You’re reading a preview, subscribe to read more.

More from TIME

TIME2 min read
The Party Of Mandela Fails To Deliver
The African National Congress has led South Africa’s government since the end of apartheid in 1994. But as voters go to the polls on May 29, there’s good reason to wonder whether the ANC might be in real trouble. During the ANC’s most recent term in
TIME7 min read
Catalysts
It’s been a long time since there was good news about Parkinson’s disease, a neurodegenerative condition that affects more than 8 million people worldwide. But that changed this year, thanks in part to Michael J. Fox’s perseverance in raising awarene
TIME3 min read
5 Tips To Start Foraging Anywhere
There are more than 400,000 species of plants on earth, and at least half are suitable for human consumption—yet you’ll find only a small portion at the grocery store. That’s part of the reason why Sam Thayer loves foraging. He started collecting wil

Related Books & Audiobooks