The Games Don't Stop Here - John Rubino

By Financial Survival Network / January 25, 2021 / marketsanity.com / Article Link

Goldman Sachs warns of a dangerous bubble in 39 hot stocksBridgewater's Dalio sees U.S. divided, in 'terrible financial state'It's a bubble now, it's official.Microsoft and Sony are coming out with new consoles so Game Stop is of course taking off to the moon!Robinhood traders love Game Stop, time to get out? Does it have a future?This is what happens when markets are over hyped and excitied. You never know in a bubble market.Bubble is all over the placeNew all-time low junk bond yieldU.S. corporate buybacks are on the riseGoldman's clients are freaking out about a stock bubble they list 39 bubble stocks!Is selling pressure beginning to percolate?Remember the market can stay irrational longer than you can stay solvent.More stocks are trading 10 times sales now than in1999, the last time it happened. Beyond any previous bubble.A market takes the escalator up and the elevator down.The stay at home stock bubble, doing great as long as the lockdowns continue, ie Netflix.

John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.

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