A Stock Market Bubble? It’s More Like a Fire

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The stock market isn’t a bubble, but parts of it are on fire, says columnist jasonzweigwsj. Will the heat from a few giant stocks set the whole neighborhood ablaze?

So far in 2020, the NYSE FANG+ index of giant technology stocks is up 78%. The Renaissance IPO ETF, an exchange-traded fund that holds recent public offerings, is up 84%. The SPDR S&P Kensho Clean Power ETF, which invests in renewable-energy companies, has gained 88%.

 

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jasonzweigwsj 'This time it's different.'

jasonzweigwsj thank you very much for your work

jasonzweigwsj '...isn't a bubble, but parts of it are on fire...' That certainly reads like a well-placed hedge. 🤔

jasonzweigwsj Sure its a bubble. Like a bigbabool!

jasonzweigwsj Okay Thanks, we'll continue

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