Quote:
Originally Posted by mineistaken
That does not sound logical at all.
Bubble is not a bubble 
Table is not a table.
Car is not a car.
Man is not a man.
Gfy is not a gfy.
|
Bubble is bubble only historically, unless you use it as a synonym for overvalued asset (based on some criteria). But if you mean overvaluation that will come down; it of course don't exist until and if it happens (the coming down part). Like knowing market lows and highs can only be done historically; unless you are foretelling.
If bubble means just overvaluation, there is no saying that it will come down ever.
"DEFINITION of 'Bubble'
1. An economic cycle characterized by rapid expansion followed by a contraction.
2. A surge in equity prices, often more than warranted by the fundamentals and usually in a particular sector, followed by a drastic drop in prices as a massive selloff occurs.
3. A theory that security prices rise above their true value and will continue to do so until prices go into freefall and the bubble bursts. "
Bubble Definition | Investopedia