Video: Amid Debates of Bond and Equity Values, What Constitutes a Bubble

Talking Points:

• We can generally agree on bubbles after they've popped but a lack of clear definition makes them difficult to spot during one
• The most familiar bubbles through recent financial history are the boom-bust in 2000 and housing bubble of 2007-8
• Common symptoms can help identify bubbles from supply-demand imbalance, diminished value concern and speculative concentration

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