This chart will tell you when the next stock market … – Business Insider

Are stocks in a bubble?Maybe. Maybe not. But this chart, from the folks at Evercore ISI — which we saw flagged on Twitter by Nick from the economics blog floatingpath.com — is pretty simple: The bubble is about to burst when Sotheby’s stock flies higher. Sotheby’s runs high-end auctions, and so the read-through here is that “smart people,” which you could also substitute […]