thanks @cryptomeeks lots of interesting info in here. to be honest, everything is a bubble, while accurate, is a bit of a cliche. a lot of people say it but the thing is that with economies around the world (US, EU, Japan and China) all growing at the same time (first time since the financial crisis) there's plenty of fundamental support for inflated asset prices. on some metrics we are 1 standard deviation above mean which is not that much. I do, however, agree that asset prices have been inflated by easy monetary policies globally. With Fed on a hiking cycle and the ECB getting read to start tightening policy, there's less and less support for the markets. So if the fundamentals story becomes challenging then we'll have a problem. Plus, if you look at Fed's history, they always hike either too much or too fast. So, while we are due for a quite substantial sell off in equities, real estate, credit, etc., my bet is that it will come in the second half of 2019 when we have synchronized tightening of monetary policies around the world.