Are we in a bubble?? Comments appreciated. TIA
2nd question. If we are in a bubble any ideas what could burst it? I have a couple of thoughts on this:
1) If the market is relying on an "improved" tax environment, any failure to pass tax reform could be greatly disappointing;
2) If the market is relying on an improved business environment e.g. current administration objectives concerning infrastructure spending, business regulatory reform, etc., any severe disruption like for example, impeachment proceedings, could, again, be greatly disappointing.
Comments or other ideas on a "bubble buster"?