Remember the 1990s? When any company with a newly-invented basic website was bid up up and away even though it has no earnings nor any prospect of any? Even stolid old Auntie BT (with earnings) was swept up in the mania. Now we see that
Apologies to Rogers and Hammerstein, but today, I thought I would review some of the bubbles in various markets – many of which appear to be bustin’. It appears last week may well go down in the annals of market lore that marks secular highs
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