Surviving the Big, Scary 'Mega-Bubble'
By PAUL B. FARRELL
MarketWatch
July 17, 2005
Is there a global mega-bubble about to burst?
I gave you a 20-question quiz June 26 that focused on 20 smaller potential bubbles, asking you to score each from 1 to 5 in terms of risk. A score above 50 put you in the mega-bubble camp.
It turns out that this is a real hot-button issue. I received 1,249 emails, three times as many as on any column I've written in eight years. I read every response.
All told, 86% of you scored the bubble risks at 50 or more. And 39% scored between 75 and 100. Only 14% scored under 50.
Many of those who emailed identified themselves as officers in banks or securities firms, professional financial advisers, corporate executives, federal and state government professionals, mortgage bankers, building contractors and real-estate pros. They scored the bubble risk as very high.
By PAUL B. FARRELL
MarketWatch
July 17, 2005
Is there a global mega-bubble about to burst?
I gave you a 20-question quiz June 26 that focused on 20 smaller potential bubbles, asking you to score each from 1 to 5 in terms of risk. A score above 50 put you in the mega-bubble camp.
It turns out that this is a real hot-button issue. I received 1,249 emails, three times as many as on any column I've written in eight years. I read every response.
All told, 86% of you scored the bubble risks at 50 or more. And 39% scored between 75 and 100. Only 14% scored under 50.
Many of those who emailed identified themselves as officers in banks or securities firms, professional financial advisers, corporate executives, federal and state government professionals, mortgage bankers, building contractors and real-estate pros. They scored the bubble risk as very high.
posted by Mike Campbell at 5:30 PM
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