Investors keep dancing — Even as the “bubble” warnings get louder
Warnings about overinflated markets are getting harder to ignore. From the IMF to the Bank of England, policymakers are cautioning that asset prices may be “well above fundamentals,” and that sharp corrections could be ahead.
Yet optimism prevails. Investors continue to buy the dip, confident that central banks will step in if things get rough — a mindset born from years of monetary rescue operations since 2008.
It’s a fascinating paradox: the louder the bubble talk gets, the stronger the belief in a safety net.
Will this confidence prove justified, or are markets just dancing until the music stops?
Source: https://www.ft.com/content/ce8bc257-5f06-4005-bd36-b094a9b91938
