Fed Fall-Out — or, “Trying to Avoid Bubble Baths”
Quick, which of the following is currently a bubble?
A. Stocks
B. Bonds
C. Commodities
D. Housing
E. Commercial real estate
F. Precious metals (gold, silver, etc. )
G. All of the above
Answer: hell if I know.
And judging from what I read these days . . . neither does anyone else.
Groping for Fair Market Value
Not a day goes by — at least in the last couple years — where I don’t see one or more stories . . . uh, speculating which of the above asset classes may be entering — or is already in — a bubble.
Call it a side effect of the Fed’s discombobulating monetary policy, tracing back to Alan Greenspan’s salad days in the ’90’s.
