Fri, 21 July 2017
Bubbles have come and gone throughout history. One area expands too much and crashes, but there are usually other asset classes that are insulated from the bust.
But what if it's an everything bubble? What if real estate, stock markets, commodities, and everything else is in a bubble? What can you do in that situation?
Jason Hartman talks with Mish Shedlock, economist and investment advisor at SitkaPacific Capital Management, about what's going on right now and where you may find some decent investments amidst the bubbles.
[3:12] Mish's Rule of Progress
[10:28] The Shiller P/E Ratio Chart and what it says about the market today
[12:13] The Buffett Indicator
[16:08] The Mish Shedlock investing thoughts for right now
[19:46] How asset inflation is leaving investors behind
[24:12] Some real estate price examples on the East coast that show the dangerous bubble we're probably in, and how policies are set up to aid the rich in their wealth creation