Jim Rickards: When Markets Are Most Complacent Sudden Drops Are Most Likely

Even after Wednesday’s [5/17] stock market rout, more analysts are referring to current stock index levels as a “bubble.” I’m one of them, although I make the point that bubbles can last a long time and don’t pop just because valuations are stretched. It’s helpful to remember that Alan Greenspan called the stock market a … Continue reading Jim Rickards: When Markets Are Most Complacent Sudden Drops Are Most Likely