5 Smart Insights For Financial Advisors

The 4 Stages Of A Bubble (The Geography Of Transport Systems via Barry Ritholtz) "Bubbles (financial manias) unfold in several stages," writes Jean-Paul Rodrigue of Hofstra University. But they go through four distinct stages. 1. Stealth - "The "smart money" gets invested in the asset class, often quietly and cautiously," as prices rise but " often completely unnoticed by the general population." 2. Awareness - Many investors and the media begin to notice the rise in prices. 3. Mania - During th...