Stock Market Bubble Warning | US News

US News Today | 2 Min News | The Daily News Now! · Aug 11, 2026 · 1m

Economist Steve Hanke warns the U.S. stock market is already in bubble territory, driven by rising interest rates, stubborn inflation, and global chaos. He identifies inflation, tariffs, Middle East conflict, and ballooning federal deficits as key forces pushing bond yields higher — a trend that’s crushing bond prices and dragging down stock valuations. Hanke argues the inflation genie is out of the bottle, with money supply growth far exceeding Fed targets. He’s blunt: every metric screams “bubble.” While timing a crash is impossible, he urges watching interest rates closely — and warns…