Summary: Again the US stock market skates on the edge of an abyss, this time without the Fed holding a safety net. We’ve seen this combination of peaking economy and overvalued stocks; it never ends well. Too bad we don’t learn from history. But I suspect we’ll soon get another opportunity. The Fed is like …
The stock market gives us its 2 classic warnings. Will we listen? Read More »
Summary: Powerful trends occur when multiple waves combine. So it is with the biotech bubble, where our inability to learn about our out-of-control financial sector meets the grifter economy. The results will be spectacular, and typical of our time — powerful benefits to society manipulated to produce massive profits for the 1%. As you read …
Don’t ask if there’s a biotech bubble. Ask why we have another bubble. Read More »
Summary: These economic status reports grow more interesting as the data shows slowing while the stock market bubbles. It’s nothing like 2007, except in our blindness to events and disinterest in preparing for obvious risks. When the recession arrives (we can’t know when), I believe it will mark the start of a new economic order. …
Economics gets interesting as the economy darkens while stocks bubble Read More »
Summary: Bubbles in the information age differ from those of simpler times. Now we have real-time data showing our folly. Here’s a brief review, another in our series of posts about this mad cycle. Listen while you read and you’ll hear the stock market roaring to the moon. {1st of 2 posts today.} “You can’t …
We see a stock market bubble but prefer to close our eyes. Read More »
