When bubbles burst

Q: I have heard several people on television say that we are in a “bubble economy.” They point to the stock market and things like bitcoin and housing prices and say they are “irrefutable evidence” that we are in a bubble. First of all, do you believe it? Second, if
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Making the most of a bad market

In case you hadn’t noticed, the stock market has been under a little pressure lately. The S&P 500 index has fallen 10% from its all-time high on September 21. The tech-heavy NASDAQ index has been hit even harder, dropping 15% from its high on August 29. The market’s sharp drop has raised the anxiety level for some investors. I have had several people ask me if this is the start of a bear market. I always tell them the same thing: I don’t know. Nobody does. The pundits who try to tell you otherwise are simply fooling themselves.
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