Of course, the three important questions to answer are: 1) In what asset?; 2) When will it start?; and 3) How long will it last? My answer is I don't know. If I were to guess, my answers today would be:
- Emerging markets and commodities.
- Within the next year.
- A couple of years.
Why will the bubble happen? Everyone, including governments, gains during a bubble and therefore, there is little incentive to prevent one. It isn't until after the bubble bursts that the economy suffers and people realize there was bubble.
Hopefully, by expecting another asset bubble, I think I can protect our savings better than was done during the recent housing and financial crash.
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This is not financial advice. Please consult a professional advisor.
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