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Have we been in a bubble for 50 years
(lemmy.zip)
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this post was submitted on 30 May 2026
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Bubbles are between corrections. We have not seen a correction since 2008 so we are almost 20 years without one. Kinda funny because we were about due with covid but it kinda short circuit it. Sure we had the drop but it was so short a time span it had no real effect and we kept on expanding with new vigor.
There was definitely a correction during covid
not really. it dived and corrected in like less than a week. it was such a blip that it effectively had no real effect and actually seemed to prime it to pretend the high before was a low and just rocketed at an insane pace. Even 2008 was not much of a correction. the millenia seems to feel P/E ratios don't matter.