Why a ‘return to normal’ could mean disaster for the stock market

Belgique Nouvelles Nouvelles

It’s hard to deny, although some do, that the stock market, pre-coronavirus, was pushing the limits of what it means to be in a bubble. Of course, bubbles come and go, but as Hofstra University’s Jean-Paul Rodrigue suggests, this one had a particularly fierce tailwind. But is the bubble still a bubble?