If you subscribe to the view of Macquarie strategist Viktor Shvets, financial markets have become little more than a series of bubbles, with investors jumping from one to the next.A bubble in software morphed into the FAANG bubble, which became the Magnificent Seven bubble, which has given way to the bubble in computer chip and memory stocks that sent Wall Street to fresh record highs on Thursday night.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles