Bit of the currency in the global bubble assets in the field of junk bonds and multinational housing prices followed

Everyone has described the stock price rise over the past decade as a bubble. But this view may be wrong, because the technology bubble may be one of the most great bubbles now seem. In many asset classes, there is no small difference between the bubbles, and this article refers to four industries, including Bitcoin, which are filled with bigger bubbles than stocks.

Bitcoin

Bitcoin prices soared from $ 1,000 in January to nearly $ 5,000. Bitcoin isthe originator ofall current encrypted currencies , five years ago, investors may only get $ 10, a huge price contrast to the stock market investors dwarfs. Bitcoin may be successful because it introduces a distributed book and block chain that transcends the significance of the existing financial state, which is a brief fanatical speculation that spawned the bubble pricing.

Junk bonds

In recent years, the global bond market is considered to be in a bubble state, although the central bank has the interest rate will be the lowest point ever. No one can not wait to hold junk bonds, but bond yields are still declining. In fact, from the financial crisis so far, the yield on government bonds and junk bonds has been as low as the lowest point in history, at this point, the bond market situation is very similar to emerging markets. Investors are also at greater risk by chasing high returns through prices.

Prices for Canadian, Australian and UK

Low interest rate policy may be considered the reasons for the prosperity of real estate in Australia, Canada, the United Kingdom and other places. Despite the financial crisis in the United States, Spain, the real estate bubble burst, but Australia, Canada and the world's major cities in the house prices are still high. London real estate average price-earnings ratio of 14 times. But due to the interference of specific regulatory measures, London's housing prices have recently fallen.

Other financial assets also have bubbles

In the past few years, such as silver, wine, art and gold seems to be within the bubble range.

In 2014, crude oil prices were close to 120 US dollars / barrel, in a bubble state, two years later fell back 30 US dollars / barrel. Although speculative factors will push crude oil prices higher, but the supply and demand or fluctuations in crude oil prices occupy a dominant position.