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How the timeless words of an accidental philosopher can help spot bubbles. Mind the gap between price and value.
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Bursts of euphoric trading are often bullish for near-term returns, but rapid surges in speculation also raise the risk of a pullback, Goldman said.
The truth about the stock market is that there are always shares that are overvalued somewhere. I think that applies to quite a few right now, so it might be fair to say there’s a bubble forming.
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