Saturday, February 02, 2008
The Next Bubble...Alternative Energy and Infrastructure?
I don't necessarily agree with Eric Janszen's prediction but the bigger point is that there is always another sector bubble to inflate. Money has to flow somewhere and artificial wealth must continue to grow as different asset classes are inflated. Knowing when to get involved in a sector and when to get out during the "mania stage" is the key to profitability. Many people accumulated significant wealth during the "dot-com bubble" and the subsequent "housing bubble". The smart money was already out well before the market turned.
So which sector will be inflated next? Alternative Energy? Gold and Precious Metals? Euros? Emerging Markets?...stay tuned.