Are we in a stock market bubble?

Despite the prevalence of meme stocks, crypto scams, and some insane-looking valuations out there, it is challenging to argue that we are in a stock market bubble

With the S&P500 consistently breaking through to new highs, many pundits argue that we’re in a stock market bubble built by the Federal Reserve (“Fed”). Further, they say that as soon as the Fed raises interest rates, the entire house of cards will come tumbling down. 

S&P500 Index level from November 2016 to November 2021.

In my book, The Little Book of …