The Stock Market Has Formed An Enormous Bubble (And That's Good!)

The Weekly Bubble - 3/21/2021

Hello Bubble Hunters!

The main news today is that the basic economic cycle is still green. 

• We seem to be marching in place in the market and it’s not clear whether we shall march higher or lower.

• I have one image that should convince you that the stock market is in a bubble. Here is the $IWM, which is an index of the small-cap stocks. You’ll notice that t…