the current bubble we live through is the short trade. especially pronounced in debt market with the recent invention of a CDS product, which allows to capture not 100% return, but an unlimited one. the short trade bubble blowers succeeded in destroying Lehman, bear etc, put the whole economy in jeopardy via the destabilization of the financial system, and are trying to capitalize on fear even further. By my assessment, majority of people on SA are bearish. WHY? Most likely they have some sort of a short position in the market. And lets face it, the SA audience are the top earners, and collectively do influences the markets.
Predicting the Next Great Bubble [View article]