Economic bubbles: What they are, why they happen, and why you should care
You donât need a Ph.D. in economics to know that economic bubbles—and their ensuing POPS!—can take us all for a wild ride. Bubbles occur anytime asset prices appreciate unrealistically; and they happen more often than we think. In the United States alone we have seen two in the past twenty years: The dot-com bubble in […]Economic bubbles present both opportunity and danger to young investors. There are five stages to be aware of: displacement, boom, euphoria, profit-taking, and panic.
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