Thursday, October 24, 2013

Ben has bout of Bubble hysterics

Stocks Stumble On $200bn Liquidity Shortfall From Fed's Tougher-Than-Expected Bank Rules
Ginormous, repeating bubbles

Ben and Bubbles have noticed that the ginormous stock bubble is out scaling the two previous, expanding, bubbles in the periodic sequence. The peak of each bubble corresponding to the point at which the previous central banker panicked about the bubble peak. I think it is the third bubble in the series that panic Ben and Bubbles.  The problem is everyone thinks Bubbles plans on letting the thing peak another 30%.  But you can see in the chart, the new bubble, Bubbles' bubble, would make Bubbles the Ginormous Bubbler Panicker of all time.

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