Are we in a bubble?

[DegenerateGambler]

On 6/19/2026 at 12:52 PM, coffeecaninvestor said:

This is probably a bubble.. but it is too obvious, and too many people are calling a bubble, which probably means it is not ready to pop. So other than identifying the current bottle necks (that everyone already knows and has bid up).. lets have some fun and put our minds together instead of trying to time a top guess what the next rotation will be.

 

I'll start... I think the next rotation will be into small cap stocks. YTD VB is outperforming VOO. To me small cpas seem like low hanging fruit in terms of benefiting from AI. Large bureaucratic organizations are slow to move, and rolling out AI across a large organization is expensive, but I could see smaller companies quickly adopting. I think it is probably a counter intuitive take since if we are truly late cycle with rising interest rates then small cap's probably don't outperform, but we have seen a lot of weird stuff happening like Gold rallying during a bull market, bonds and stocks dropped during 2022, etc.. 

 

I am curious what other ideas are out there? 

 

 

Originally people had the idea that money will rotate back into software and that has been reversed the last few weeks.  Money just flows into AI-related names nonstop right now, probably will be a while before a rotation happens.  If I were to to guess, could even rotate back to BRKB.