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Another Tech Bubble?
Message
From
03/03/2015 09:34:05
 
 
To
03/03/2015 07:28:59
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01616111
Message ID:
01616142
Views:
45
>>NASDAQ brushed 5K today.
>>It was almost a 15 year schlepp, but it finally recovered the dot com losses.
>>Another tech bubble?
>
>IMO more due to money being cheap

That's the whole idea of cheap money, isn't it?
I read this weekend that some banks in Denmark are actually paying people to buy houses by charging a negative interest rate on mortgages and other banks there are charging people for putting money into bank accounts by paying negative interest.
Turns everything upside down, doesn't it?
I visited Long Island last week, and houses there are now selling above pre-crash prices.
Some condos in Manhattan are selling for over $20million and there is not enough supply of them.
That sounds like a bubble to me.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.
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