In One Eye

Friday, June 20, 2003
Krugman warns us this morning not to get too excited about the mini bull market we're experiencing.
[I]t's hard to find any real news to justify the market's leap. Instead, investors seem to be buying stocks because they are rising — which is pretty much the definition of a bubble.
With my primary holding up 30+% in a year, it's good to be reminded to come down to earth every so often.