Retail investors are catching on:
Search trends for a market bubble precede a market peak. Buckle up! 2026 is likely to be a rough ride for investors.
Searches for “market bubble” spiked in 2006, right before the last great market peak. They did it again in 2021, just before the market took a header into the 2022 bear.
Yes, Nvidia’s profits are up 500%, and its share price followed suit — a rare case where the story actually matches the math. But that’s the exception, not the rule.
Beneath the headlines, we’re starting to see the kind of financial gymnastics — circular lending, balance-sheet origami, and creative “partnerships” — that usually signal the boom is running out of breath.
If history rhymes, it looks like we’re closing in on the tail end of a mania.
One key outlier: the sheer will of the Trump agenda before the midterms in November 2026. Stay tuned. More drama awaits…
~ Addison
P.S. We’ve invited Bloomberg’s #1 employment analyst, Andrew Zatlin, to join us this afternoon on Grey Swan Live! for obvious reasons:
Andrew Zatlin — the #1-ranked economic forecaster on Bloomberg and one of the most connected data minds in finance. For decades, Andrew has helped billion-dollar hedge funds stay three steps ahead of Washington’s chaos, consumer shifts, and global supply chain shocks.
As unemployment ticks up, politicians trade on insider intel, and Pelosi closes out an era, he’ll reveal what his data is signaling next — and what investors should prepare for. With the government reopening, the timing of today’s conversation with Andrew couldn’t be better.
If you have requests for new guests you’d like to see join us for Grey Swan Live!, or have any questions for our guests, send them here.
