Is a New Bigger Bubble Coming?

This Element is an excerpt from The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and How To Prevent Them in the Future (9780137072996) by John Authers. Available in print and digital formats.

Are we headed for another global market bubble and economic collapse that will dwarf what’s come before?

The global stock market rally that started in March 2009 was the most im...