Z-scores for:
S&P 500
Nasdaq
House prices
Bitcoin
6
Bitcoin
4
Equities and
Nasdaq bubbles
Housing
bubble
2
0
-2
1997
2002
2007
2012
2017
S&P 500
Nasdaq
House prices
Bitcoin
Z-scores for:
6
Bitcoin
Equities and
Nasdaq bubbles
4
Housing bubble
2
0
-2
1997
2002
2007
2012
2017