A running list of bubbles around the world – starting, ending, bursting, deflating:
- Art market: Here is a Felix Salmon piece discussing whether the current art market is becoming a speculative bubble rather than a “regular” bubble, as there is more and more short-term flipping.
- Chinese housing market: Whether it’s a bubble or not, there are some scary statistics out there. Quartz saying some areas showing 200% home ownership.
- Tech stocks: Twitter raising its IPO price and ending up starting at more than double its offering price. Even if this still led to a valuation that is quite low compared to Facebook or LinkedIn, this still had Zero Hedge talking about a new tech bubble.
- Frontier markets bubble: Early signs of bubbles in African markets, such as Nigeria, discussed in FT. Still early days for this one.