Ghost of Igloi wrote:
https://themarket.ch/interview/edward-chancellor-prudent-investing-is-impossible-these-days-ld.2606
So this clown has been saying we have been in a bubble over the last 13 years ...
Mr Chancellor, we often hear financial markets are in a bubble. Is that true?
"Almost immediately after the central bank response in 2008, we observed a resurgence of bubbles. Since then, there were more bubbles around than in every period we find data. It’s almost hard to think of an asset which hasn’t built a bubble at some stage over the last twelve years."
He will be saying that for another 10 years and together will be almost a quarter-century that he has claimed the financial markets have been in a bubble. Meanwhile, many here have become millionaires while this naysayer has been bleeding his clients dry. What a clown.