Good Bubbles Bad Bubbles

The Big Conversation | Aired: 2021-02-09 This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to compare some of history’s largest bubbles. Investors are fixated on the unwinding of asset prices, but the longer-term impacts are not always negative. Is the recent price action in Gamestop a cause for concern or is this excessive activity still confined to a corner of the economy? If a bubble has infiltrated the credit market, their repercussions tend to be far worse than ones that merely impact asset prices. In the Chatter, we look at the conflicting growth signals that are being transmitted by the front and the back end of the US yield curve.