It’s hard to deny it: all the signs of a potential downturn are there. We’ve had a fantastic bull run, but it’s almost certainly running out of steam.
Since the Great Financial Crisis, US stocks have been on a dream run.
It seems like we hit a new record high every day.
Why? Well that’s our goal – to better understand the forces that drive the market. And more importantly, to uncover how it will affect investors like you.
The world is a dynamic place. The US versus China trade war is unresolved. You can see the markets buck and kick with every fresh update.
What kind of capitalism is it when the capitalists drive up their share prices rather than producing goods and services that they can sell at a profit?
The money is fake. Interest rates are artificial. Prices are fraudulent. And today, the price signals are worthless.
The guardians of the world’s most important measures of value said they would lend more fake money at even fakier interest rates.
Short-term finance is great for short-term speculators. But it is bad for business. You can’t build a real, prosperous economy with overnight money.
If you think Uber’s mega losses are big now, wait until they write off their Uber Air business as an utter failure.
Wall Street and Main Street haven’t seen eye to eye for a long time. Now, they practically no longer talk to each other. Here’s why.
How does Fed policy really connect to the real world of time, money, work, profits, innovation, forbearance, and all the other things that produce real wealth?
Back in 1997, just as the dot-com bubble was gaining speed, Warren Buffett expressed his scepticism about overpriced internet stocks. Here’s why.
Stocks couldn’t decide where to go yesterday. Up? Down? So, they went nowhere. Nowhere is about as good as it gets in this market.
If Mr Trump is right, Americans no longer want free trade; they want protection from it. And if the Democrats are right, they want protection from free enterprise, too.
The risk of a crash is impossible to calculate precisely or reliably. But for what it is worth, our indicators are flashing red.
Babies are big business. We’re talking about a market that will have an annual run rate of around US$81 billion in 2020.