John Lounsbury
John Lounsbury
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The Shape of Market Bubbles [View article]
The bubble machine didn't die with Lawrence Welk. :)
We need to be constantly reminded that bubbles are more than 400 years old and will continue to occur as long as markets are made by people with emotions and free will. It seems that one of the few consistent effects of modern technology is that the extremes of trading behavior come closer and closer together on the time line of history.
Thanks for your good work.