Difference between a Bubble and a Boom

Mon, 01/05/2006 - 00:02

What's the difference between a bubble and a boom? Earnings

What's the difference between a bubble and a boom?

The answer is earnings. In a bubble there are no earnings, in a boom there are earnings. The tech boom was a bubble, and the resources boom is a boom, but only in the resources stocks that are earning the earnings!

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