The stock market has become the next casualty of the COVID-19 pandemic, down 30% since February 19. If the epidemic grows much worse, the market might become a fatality. There is a simple solution: close the market.
Summary: Investment commentary these days overflows with mentions of bubbles. The concept is vital to understanding our economy yet encrusted with myths in the minds of most investors. This post cuts through those to the known history and theory of bubbles. As usual with economics, this gives us clues about the future – but only …
Playing The Bubble Game: Investing In The 21st Century Read More »
Summary: For the past year I’ve warned that the economy is slowing. For the past three months I’ve warned that a recession is coming. Now let’s consider the likely effects, and how you can prepare. The odds of a stock market crash are high. Are you at or near ground zero, to be hurt by …
Effects Of The Coming Market Crash On The Economy – And Perhaps On You Read More »
Summary: Corporate profits have rising to an amazingly large share of our national income, powering the stock market while GDP and household income lag far behind. This has played a large role in shaping the New America of the 21st C. What caused this rise? What might reverse it? See my column at Wolf Street …
Corporate profits are the market’s foundation, shaping a new America Read More »
Summary: Next is this series about the the boomers’ third financial bubble is this by entrepreneur Mark St. Cyr, describing how current events in Silicon Valley show the early signs of dreams shattering, events that precede a crash. Crying Towels: Silicon Valley’s Next Big Investment Op by Mark St.Cyr • From his website 14 October 2015 …
First signs of dreams shattering in Silicon Valley Read More »
