Superbubble Bursting or Just Another Panic Attack?

Check out the accompanying pdf and chart collection. (1) Grantham’s superbubble. (2) Is the fourth superbubble bursting? (3) Back to 2500 on S&P 500? (4) Eight counterpoints. (5) The causes of bear markets. (6) The case against a recession. (7) Air is coming out of speculative bubbles without adverse economic consequences. (8) A correction in MegaCap-8 valuations. (9) Sentiment getting very bearish. (10) Geopolitical risks. (11) Panic Attack #73 is all about the Fed, and it might linger. (12) What does the Fed’s balance-sheet runoff mean for the Treasury and for liquidity? (13) Movie review: “Munich: The Edge of War” (+ +).