In the past decade, the United States experienced two periods of excessive growth periods followed by two massive collapses: the technology and housing bubbles.
This Element is an excerpt from The ETF Trend Following Playbook: Profiting from Trends in Bull or Bear Markets with Exchange Traded Funds (ISBN: 9780137029013) by Tom Lydon.
Have you ever found yourself sitting in front of the TV watching "e;House Hunters"e; or a similar show, to see a young, newlywed couple, fresh out of school, looking at starter homes in the $800,000 range while thinking to yourself, "e;How in the world can they afford that"e;?