Bubbles are all burst by central banks, and no central bank has raised interest rates in the past two months
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Bank of America strategist Hartnett believes: Bubble = Prosperity = The best way to cope is through a combination of bubbles (artificial intelligence) and cheap cyclical assets (which are today's commodities, as artificial intelligence is consuming commodities). Price trends, valuations, concentration, and speculation have all become bubble-like, and the risk lies in the leading indicators of inflation rising (ISM service prices are increasing)... However, every bubble in history has been burst by central bank tightening policies, and no central bank in the world has raised interest rates in the past two months
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