Subject: OT: The Economist - again on bubbles
In what I think is an interesting and also amusing article:

https://archive.ph/HkWhX

...Surges in Googling do a much better job than valuations at forecasting an imminent fall ... In each case the price of the stock, basket, fund or cryptocurrency dropped considerably over the 12 months following the peak*** in internet searches. Moreover, for the ARKK fund, bitcoin, GameStop and SPACs, prices spiked at almost exactly the same time as Googling did.
...
...
Google searches for “AI stocks” have since fallen so dramatically in recent months, just as the stocks themselves are having a wobble ... The Philadelphia semiconductor index, which tracks companies in that industry globally, dropped by 13% in the first three weeks of November, though it has since bounced back.

***Too bad that one only knows long afterwards whether a peak was THE peak or just a new high (eventually followed by a correction before it continued it´s march upward).