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UWM - If COVID-19 Won't Pop The Stock Market Bubble What Will?
ProShares Ultra Russell2000
We've been here before. We are currently in the later stages of witnessing a stock market bubble inflate but, as usual, it appears that it will inflate forever, leading to Fear of Missing Out (FOMO). Even a pandemic could not burst this bubble, although it tried. In the 1960s it was the Nifty 50; today we have the FAANGs. In the 1990s it was "Trees can grow to the sky"; today it's "Don't fight the Fed." In 2008, it was a different bubble - housing prices were the bubble. Another parallel: