Tag Archives: bubble

Robert Shiller released a book in 2000 titled Irrational Exuberance, which proclaimed the stock market was a bubble. Soon afterward, the tech bubble burst. Then in 2004, the Yale economics professor called attention to spiking real estate prices with a paper titled Is There a Bubble in the Housing Market? By 2007, Shiller predicted its bust was inevitable. Soon afterward, of course, the 2008 housing bubble burst. As the pandemic housing boom—which has pushed up U.S. home prices by 42% over… Source link

‘The biggest Ponzi scheme in history’: This CEO warns that the Fed’s strategy has created a giant bubble in housing. Here’s what he likes for protection The Fed is tasked with a dual mandate: to ensure price stability and aim for maximum employment. But according to Dan Morehead, CEO of crypto hedge fund giant Pantera Capital, there’s a third thing that the Fed has been doing — running a Ponzi scheme. In his latest Blockchain Letter, Morehead says that the Fed’s “manipulation of… Source link

Wednesday’s decision by the Federal Reserve to hike interest rates by 75 basis points was its biggest hike since 1994, and economists are starting to digest what a paradigm change it is. One of the world’s most prominent Fed watchers, Mohamed El-Erian, chief economic adviser of financial services firm Allianz and president of Queens’ College at Cambridge, says it’s part of a “great awakening” for central banks, as several others took action this week. For instance, the Swiss… Source link

(Bloomberg) — Mark Spitznagel is paid to be prepared for when the market’s weakest links are exposed in a big way. Most Read from Bloomberg Right now, the Universa Investments founder, whose fund aims to protect clients during black swan events, says the financial system is most vulnerable to “the greatest credit bubble of human history.” “If this credit bubble ever pops, it’s going to be the most catastrophic market failure that anyone has ever read about — but let’s hope that… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 2, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Fear and greed are universal to the human condition. And the fear and greed of the herd — a/k/a retail traders — is currently swinging far to the fear side. This may be good news, as the herd is often… Source link

(Bloomberg) — The rout in tech, biotechnology and emerging-markets stocks may be nearly over, and it’s time for investors to start adding to beaten-down, high-beta positions, according to JPMorgan Chase & Co. strategist Marko Kolanovic. Most Read from Bloomberg “While the commodity supercycle will persist,” the strategist said, “the correction in bubble sectors is now likely finished, and geopolitical risk will likely start abating in a few weeks’ time (while a comprehensive… Source link

The NFL scouting combine is scheduled to begin on March 1, but whether or not the 2022 NFL draft’s top players participate is apparently a question mark at this point. Due to discontent over the NFL’s bubble rules at the combine, agents representing more than 150 of the draft’s prospects are organizing a boycott of all testing, on-field workouts and interviews at Lucas Oil Stadium, according to NFL Network’s Ian Rapoport. The players’ main priority is reportedly the NFL softening its… Source link

(Bloomberg) — To cryptocurrency true believers, Bitcoin is the ultimate store of value, the most solid hedge against the rampant inflation manufactured by reckless central banks and their money-printing. To skeptics, the crypto world as a whole is a mirage whose massive run-up past $2 trillion was simply the speculative byproduct of the extraordinary amount of easy cash that’s been sloshing around in the global economy — in effect, a big bubble. Most Read from Bloomberg Both of those… Source link

Legendary investor Jeremy Grantham says US stocks are in a ‘magnificent bubble’ even crazier than in 1929 — here are 3 of his safe haven selections Jeremy Grantham, legendary investor and a pioneer of index fund investing, has added his voice to the chorus of financial wizards who expect today’s runaway stock market to soon hit the wall. Grantham recently told CNBC that equities in the U.S. are in a “magnificent bubble,” larger even than those in 1929 and 2000, which kicked off the… Source link

The Shiba Inu (SHIB-USD) digital coin has risen from obscurity (or meme status, depending on who you ask) to become the hottest trade in cryptocurrency.  Already, wild stories have emerged about small investors making a fortune on the digital coin bearing the likeness of a canine. For the uninitiated, Shiba Inu should not be confused with Dogecoin (DOGE-USD) — another dog-faced digital currency. Coincidentally, Doge also started life as a joke of sorts, en route to becoming one of the… Source link