If it makes everybody feel better, the temporary bubble has already popped. It's over, it's just that very few people know it yet.
The Facebook IPO is timed to get out the door before the stock market falls any further. It signals the end of this micro era, just as Apple's stock at $644 was the big monster stock of this time frame (referring to the small bubble periods that the Fed generates with their monetization programs and rate manipulation).
The previous two Fed liquidity bubbles, 1997/99 and 2005/07, both had all the same trimmings.
Chin up, it's over, now comes the winter. Hope you've got your funding.
The Facebook IPO is timed to get out the door before the stock market falls any further. It signals the end of this micro era, just as Apple's stock at $644 was the big monster stock of this time frame (referring to the small bubble periods that the Fed generates with their monetization programs and rate manipulation).
The previous two Fed liquidity bubbles, 1997/99 and 2005/07, both had all the same trimmings.
Chin up, it's over, now comes the winter. Hope you've got your funding.