If you recognize it as a bubble, it's not a bubble. Bubbles are not recognized until after the fact in most, if not all, cases.

you f3#*$% moron, writing "it's deja vu all over again" shows you are an ill-educated butthead and I'm surprised Newsweek actually hired you as a "professional writer/journalist".

Deja vu means "experiencing again", so why are you being redundant with the use of the foreign phrase? #*#(head!

OMG, now Gusolie; WHERE HAVE THE TWO OF YOU BEEN! Bravo. Brilliant; even with the F-bomb. just Brilliant

To Gusolie -- I'm confused. I can't find any article by Yogi Berra in this (onli) issue of Newsweek. (I also didn't know he was an active contributor to Newsweek.) Just which artice are you so forcefully commenting on?

Be afraid, be very afraid. This market is sooo overvalued that a major correction/crash is all but inevitable, likely once it becomes evident how craptacular the holiday shopping season will be. Then begins a new cycle of increasing rates of unemployment and even less consumer spending, and so on and so on.

You're right, there's going to be a whole lot more going to fail. I live in a rural community and i can tell you right now that next spring the bankers are going to pull the rug out from under the farmers. Much of it is they went hog-wild over land grabs and never even bothered to try to pencil it out. those big new John Deere tractors are 1/3 of a million dollars, combines for half a million+. Then you've got all the attachments and grain hauling equipment. And then there's seed corn that goes for $300 for a 50 lb bag. And the new pickup truck etc. etc, etc. Most of the farmers around here are in for well over a million dollars a piece. Take that times the number of farmers and you've got quite a chunk of change. Enough in fact, to rival the banking fallout. Then what? that's our food supply we're talking about.

Unlike you, i don't believe it's just a handful of Dem's faults. This has been coming for a long time. Calling foul during good times is never very popular and we've got a tendency to blow the nay-sayers off until unfortunately it's too late. I'm fortunate to be one of the fortunate ones still employed so it's easy for me to say that things haven't gotten as bad as they are going to get. I fear for this country and our way of life. There are a lot of people who are fearing socialism, but like it or not, it will be the lesser of the evils.

I think it's obvious that it's going to burst, since at the moment Wall Street is not a true reflection of what the current economic situation is in the US. It's just kind of sad that Wall Street hasn't learned anything.

Why talk about the "next" bubble when the worst bubble coming up is the health care bubble? Come on people, look ahead.

Hey. Deja vu all over again is a very famous comment by Yogi Berra. It is often quoted as an ironic addition to the mess of any occasion. The fact that you obviously don't know this indicates who in the situation is uneducated.

This article talks about a so called "bubble" in the stock market when in fact all it has done is go back to the levele the market was in 1999...... If that's a bubble I am sure millions of Americans that still have their stock in the dump after the collapse of 2008 will beg to disagree. The numbers don't lie (maibe that why this article does not include them). In the Summer of 2008 the Dow was at 14,000 , and today is not even at 10,000.

Gold is another very bad example given by this article. Gold might be trading at record hights, but if one considers the fact that back in the Spring of 2008 Gold jumped to 1,025 /ounce, and the U.S. Dollar was trading at roughly 72-75 range in the basket of currencies VS today's price fluctuating between 1025 and 1065 per ounce and the U.S. Dollar trading at 74-76 in the basket of currencies...... With aproximately 8 trillion Doillars in new debt....... I would say the one in a "bubble" is the U.S. Dollar, because is way overvalued in relationship to the new debt aquired by the Fed . Again number don't lie, and the fact is that if we were to count all the new debt, the U.S. Dollar should be trading at 66-68 in the basket of currencies, and Gold at 1,400 or more.

But the worst problem with this article is that it misses the true hughe bubble forming right in front of our eyes.... Is called the T-Bill bubble. Trillions of Dollars have been issued by the U.S. Government at extremely low interest rates, and the moment interest rates start going up, I don't have to tell you how fast investors will run from the low yielding T-bills.

I don't have a problem with the market... After all true investors hedge their investment to protect them from sudden drops..... But how do we protect our country, and our currency from a mass rush for the exits in the Tresury Bond multi-trillion market?

This article does not even talk about that. This Rana Foroohar individual can use some refresher courses in economics, because is pissing in the wrong tree. The market is going up not because of stimulus money from the government... Give me a brake , the money just started flowwing 3 months ago. The market is going up because the U.S. Dollar is going down , and for months they have followed an inverse relation very similar to that of the U.S. Dollar and Gold.

Think Ponzi.

Republicans are usually wrong. They certainly are ignorant of their history.

Speaking of history, who was it that did not veto the repeal of the Glass-Steagal?

Just checking to see if you are man enough, or more to the point American enough (not body painted blue in favor of your chosen team/party) to take the same stand for you, your family and your countrymen or wether it is just another "my team rocks" b/s reply!

You see, both dem and rep polititians have sold us down the river in favor of some absurd new view of payback-"whats in it for me" for extreme minority groups (including the uber-wealthy) and that is the core of the loss of the middle class and the "new rulling class" along with a herd of idiotic new moral imperatives that bear no semblance to what the majoritys' wishes!

Man, I wish all the gamblers would just go to Vegas instead.

The stock market (or real estate market / commodities market / substitute your favorite market for a speculative hustle here) is not your personal plaything, guys and girls.

Even without the echo bubble, we are at the top of a decades old, huge stock market bubble anyway. It was fueled by easy credit for many decades. As debt deflates, it is going to deflate too. This is akin to Tulip Mania, South Sea Bubble. This one is Financial Mania. Look how over valued the stocks are:

http://www.tradingstocks.net/html/near_bottom.html

And the mania continues, untouched by the 2008 crash:

http://www.tradingstocks.net/html/financial_mania_continues.html