NEWS

May 17, 2017
Bubbles detected in US Markets

The main American markets (Dow Jones, S&P 500, and Nasdaq) are all showing signs of a positive bubble according to our analysis for May 2017. The last time all three markets experienced this phenomenon at the same time was in December 1999, a few months before the burst of the dot-com bubble.

Our Berman Scale (which measures the ongoing bubble sensitivity of an index) returns 10.05 for the Dow Jones Industrial Average, 10.21 for the S&P 500, and 10.95 for the Nasdaq Composite as of May 15, 2017. The Berman Scale goes from 7 to 12. A value between 7 and 9.5 shows a low chance of bubble, a value between 9.5 and 10 indicates a moderate bubble risk, and a a value of 10 and above shows a high risk of speculative bubble.

May 2017
World Bubble Surveillance Report #1

Every month, Berman Sarrazin releases a World Bubble Surveillance Report. You can find it on Thomson Reuters Eikon, Factset or here.

February 10, 2017
S&P 500: a bubble is close

The Berman Scale for the S&P 500 index returns 9.81 points for January 2017 - a level that was last reached in June 2015.

Berman Scale for S&P 500 (from December 1988 to February 2017).

January 26, 2017
Release of BASTT v1.2

BASTT's latest version covers more indices - HSI, Nikkei, S&P/TSX, S&P/ASX, AEX. It also introduces a new feature: the World Bubble Dashboard (WBD). With WBD, users can assess the bubble situation in the major financial markets in just one glance at the BASTT homepage.

BASTT v1.2 homepage featuring the World Bubble Dashboard (WBD).

October 2016
Berman Sarrazin introduces BASTT and the Berman Scale

Berman Sarrazin's proprietary market timing algorithm - BASTT - is now hosted on a dedicated platform along with its Berman Scale - which assigns a magnitude number to quantify the strength a bubble.

August 2016
Berman Sarrazin partners with Airex Market

Berman Sarrazin'research reports are now available on Airex™ Markets. Airex™ Market provides access to premium investment research, analysis, data and apps to investment managers, analysts, traders and self-direct investors from top researchers.

May 2016
Research featured in the press

Frankfurter Allgemeine Zeitung: Abkühlung am Kunstmarkt

April 2016
Most downloaded article

"Is there a bubble in the art market?" (January 2016) amongst the most downloaded Journal of Empirical Finance articles in the last 90 days.

February 2016
Research featured in the press

The Times: Art market loses its sheen as report warns of a bubble

Al Jazeera: Turbulence predicted for global art market

The global art market, which is worth an estimated $70bn, could be about to enter a crisis amid concerns over falling oil prices and a slowdown in the Chinese economy, industry experts say. The findings of researchers at the University of Luxembourg, who have been analysing the results of millions of sales over 30 years, show that art sales fluctuate like other commodities gold and real estate and now it is heading for a big dip.