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Critical
This is nuts upon nuts. When’s the crash?
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NEWSDECK ANALYSIS
The term "double bubble" refers to a situation where two related financial metrics, in this case earnings and valuation, are both experiencing unusually high growth, leading to concerns about sustainability. This phenomenon can be particularly concerning for investors, as it may indicate an asset price bubble that could eventually burst, resulting in significant financial losses. The reference to the Pleistocene era, a geological epoch characterized by significant climatic fluctuations, suggests a potentially extreme and unprecedented market event.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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FT UK
This is nuts upon nuts. When’s the crash?
An earnings/valuation double bubble of Pleistocene proportions
3 Jul, 10:40
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