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MacroBusiness Access Subscriber Only Content at 2:00 pm on January 8, 2021 | 16 comments Forget Bitcoin – the real bubble is in stocks. According to the latest missive from Jeremy Grantham as he warns how dangerous the rise in equity values around the world but especially on Wall Street, which he equates to as big or even bigger than the 1990’s tech led bubble :   The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior, I believ...

The country is why people start to point the finger. it's why in a listless fashion they say it must be immigrants taking my job, it must be regulation where -- that's barring me from being in an industry or globalization. and it's those issues that are making people so frustrated and hopefully we're going to crack that this year. >> no easy answer to this. you listen to gary burtless talk about this. he's a smart guy, studies the labor market, he doesn't know why this is happening. if you listen to the testimony janet yellen gave, she's as flummoxed as anybody about this. >> when it comes to ...