Last Great Bubble May Be Starting to Pop

Last Great Bubble May Be Starting to Pop

Forget for a moment the "panic" that is happening in U.S. stocks. Forget about the panic in China FXI, -1.57% Forget about the panic in Apple AAPL, -4.11% As I argued several weeks back and have written about continuously since, the odds simply have been favoring a summer stock-market correction given the behavior of key inter-market relationships outlined in our award-winning papers (click here to download). Something far more important and spectacular may be underway which likely will only be realized and appreciated after the damage is done.

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