You know it’s bad when even the BIS warns that financial markets might be in an unstable bubble. BIS warns of market fragility despite bullish mood
The Bank for International Settlements warned Sunday that global financial markets appeared to be increasingly fragile despite bullish sentiment.
There two ways to look at this report. First, you can dismiss this view as a contrary indicator. Surely, when even the BIS begins to warn of a market bubble, we must be climbing the wall of worry. This view would suggest the market has another few years to run before any sort a correction occurs.
The other way to look at this matter is as follows. Things and valuations are so out of their historic norms that even slow moving organizations like the BIS can sport them. While I will let you come to your own conclusion, my view hasn’t changed. My mathematical and timing work suggests that we are about to embark on a massive bear market. If you would like to know when it starts, please Click Here.
Even The BIS Warns Of A Bubble. Are We Climbing The Wall Of Worry? Google