Published by
The Street
The Street
By Sean Sechler A financial bubble is considered to be a situation in which asset prices are much higher than the underlying fundamentals can reasonably justify. Bubble is a term that has been thrown around loosely in the financial media over the last few years to describe everything from the housing market to equities to used cars. With the Federal Reserve pumping trillions into the economy and keeping the short-term federal funds rate low in response to the COVID-19 crisis, real estate and stock prices have skyrocketed. While it’s true that stock market valuations have become stretched by tr…
