Bubble After Bubble in The Ongoing Bubble Boom: Oil Bursts, the Housing Bubble Fades and Now Stocks Emerge Into a Greater Bubble that Finally Ends in 2010
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| In my recent book, The Next Great Bubble Boom, I explain the crash of 2000 - 2002 as a natural part of an 80-year demographic-driven technology cycle with one more technology lead bubble ahead from late 2005 into 2010. This piece updates that book and shows investors how this boom since 1975 has seen a series of bubbles in different sectors. I look at the present oil and housing bubbles and why those are about to peak and interest rates are about to bottom. The next bubble will see the stock market roaring again. But that will be the last major bubble in this bubble boom that will finally end around 2010. |
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