The actual line from Shakespeare’s Macbeth is double, double, toil and trouble, fire burn, and cauldron bubble but for the purposes of analyzing what happens when authorities prop up market bubbles by directly buying assets, bubble, bubble, toil and trouble…
In the event you haven’t heard about the stock bubble currently inflating in China, please take a quick look at these two charts of the Shenzhen Composite: This second chart displays the Shenzhen’s price-earnings ratio (PE), a widely used measure…
In the event you haven’t heard about the stock bubble currently inflating in China, please take a quick look at these two charts of the Shenzhen Composite: This second chart displays the Shenzhen’s price-earnings ratio (PE), a widely used measure…
In the event you haven’t heard about the stock bubble currently inflating in China, please take a quick look at these two charts of the Shenzhen Composite: This second chart displays the Shenzhen’s price-earnings ratio (PE), a widely used measure…
If fundamentals like profits and sales no longer matter, then all that’s left is faith that central banks will never let stock markets fall ever again. Is this the chart of a healthy stock market? The consensus view is either…
Those who are confident the central banks can print unlimited money may find there are political and financial consequences to such extremes that cannot be foreseen. The central problem with central banks is their mandate now includes propping up all…
Those who are confident the central banks can print unlimited money may find there are political and financial consequences to such extremes that cannot be foreseen. The central problem with central banks is their mandate now includes propping up all…
Once market participants realize the top is in and the only possible result from here on is a loss, the herd will turn and follow the leaders who are selling. A funny thing happens when the stock market herd turns–all…
Once market participants realize the top is in and the only possible result from here on is a loss, the herd will turn and follow the leaders who are selling. A funny thing happens when the stock market herd turns–all…