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"What I think people are going to be surprised [about] is how hard it is to put that inflation genie back in the bottle," said David Hunter.

"Equity Bubbles have occurred only twice in a century, in 1928-1929 and 1998-1999, and the third bubble is percolating," Barry Bannister said.

The BSE Sensex hit a record high of 52,154 on February 15, which represented a 100.70 per cent surge over March 23, 2020 levels. The index is hovering at 51,000-odd levels in Thursday's trade.

Johannes Eisele/Getty Images Stocks have been flat over the last month, but pockets of speculation endure. In a recent piece, Lance Roberts argued that stocks are in a bubble that will eventually burst. He shared five indicators that show stocks' over-extension. Stocks have effectively gone sideways over the last month, with the S&P 500 down just 0.4% since April 21. But that's unlikely to be the continued fate of stocks as the economic rebound that investors have been anticipating begins to play out, according to Lance Roberts, the chief investment strategist at...

"We're living in history through something that's as bizarre as tulipmania. And everybody's just like, 'It's fine,'" says Phil Toews.