Incontrovertible Signs the 1990s Stock Bubble Is Back

A blog about business and economics.
Nov. 19 2013 9:09 AM

Incontrovertible Signs the 1990s Stock Bubble Is Back

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This again? Really?

Photo by Cory Schwartz/Getty Images

Before I left for vacation near the end of October, I was sanguine about the state of America's stock markets. But a bit more than a week after my return, it's clear to me that the time has come to call the market top. There is conclusive evidence that the 1990s bubble mentality is back, and the crash can't be far away. Consider:

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Basically you should be dumping everything and putting your money into gold, bitcoins, or cassette-tape players. Something with real value.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.