I was reading Duncan Weldon’s very interesting “A Policy Driven Bond Bubble” (see also “Is There a Bubble in Fear” plus “A Monetary Policy Which Is Cheap But Not Easy”), and I found myself thinking: We should careful when we call things “bubbles”. When we call something a “bubble” we attach a number of meaning-tags … Continue reading A Rant Against the Use of the Word “Bubble” in the Context of the Bond Market