Ray Dalio has published an article, titled “The Popping of the Bubble Stocks: An Update” which discusses the latest indicators that may suggest that the stock market is in a bubble. The articles begins as follows:
The latest readings from the “bubble indicator.”
As you know, I like to convert my intuitive thinking into indicators which I write down as decision rules (principles) that can be back-tested and automated to put together with other principles and bets created the same way to make up a portfolio of alpha bets. I have one of these for bubbles. Having been through many bubbles over my 50+ years of investing, about 10 years ago I described what in my mind makes a bubble and use that to identify them in markets—all markets, not just stocks.
To see the full article, click here: “The Popping of the Bubble Stocks: An Update”
Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal