Jose Scheinkman: Bubbles: “One question left unanswered in this lecture… …is whether one could use the signals associated with bubbles such as inordinate trading volume or high leverage, to detect and perhaps stop bubbles. One of the difficulties in using these signals is that we know next to nothing about false positives…. Even if we … Continue reading Lunchtime Must-Read: Jose Scheinkman: Speculative Trading and Bubbles