Spotting asset bubbles is hard because there is almost always a good underlying reason for what’s going on. Canals, railways and the internet really were going to revolutionize the economy. The mistake with bubbles is that prices disconnect from what the new development will justify. The difficulty for those of us trying to spot bubbles is to tell how much is really justified, and how big the disconnect will become.
Today there are two obvious bubble candidates, and as usual, both come with good underlying reasons for their...
jmackin2 You mean money? Yeah I’m worried too
jmackin2 good
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Stocks fall on Wall Street as coronavirus spreads in EuropeU.S. stock indexes erased much of their early losses and closed modestly lower Thursday, extending the S&P 500's losing streak to a third day. It never left the USA because we're 1! cmc4diversity It’s about time the stock market catches up with reality that many of us face. Sooo . . Trump not doing a good job in Europe, either. But wait, don't they have socialized medicine?
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »
Here are Wall Street’s favorite stocks for an election-relief rallyThe stock market has staged long rallies following the past nine presidential elections. Until then, expect some volatility. Here are Wall Street's favorite stock for an election-relief rally:
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »