3min chapter

Forward Guidance cover image

Does Powell Mean Business? | David Hay

Forward Guidance

CHAPTER

The Markets Are Alive With the Sound of an Echo Bubble

The markets are alive with the sound of bubble 2.0 an echo bubble echo bubbles actually term of use we are in an echo bubble from what i think was 2021. The meme stocks were just infuego and they uh you know when they they burned they were the really the first ones to burst so be very careful out there  you're not going to lose much money in a Bristol Myers but if you buy some of these really you know high high multiple names that many of them are still trading over 10 times sales and 10 times sales that's that's classy bubble territory, he says.

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