Are We At The Peak Facing The Mother Of All Bubbles?

Are we at the peak and facing the mother of all bubbles? Blackstone strategist Joseph Zidle thinks we are. Zidler says The “mother of all bubbles” in the sovereign debt market is the catalyst that will likely trigger the next recession.

According to Zidle, “At the end of any economic cycle, we often get warnings that appear to be unrelated,” It’s in hindsight that we realize that they were not at all random.” Investors saw this during the runup and aftermath of the housing bubble, he added, and we’re seeing it now.

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