If you’re getting the sense that stocks always go up, that’s because they’ve been doing so for a really, really long time. From CNBC today:
On the bull market’s ninth birthday, here’s how it stacks up against history
• The Dow has...
John Rubino
Articles by John Rubino
Normally the action in the gold and silver futures markets tends to be pretty similar, since the same general forces affect both precious metals. When inflation or some other source of anxiety is ascendant, both metals rise, and vice versa...
Now that equities are behaving the way they should have since, oh, 2013 – volatile with a pronounced down bias – everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.
Short sellers, of course,...
Short sellers, of course,...
The Money Bubble is inflating at different speeds in different places. But apparently no culture is immune:
Household Debt Sees Quiet Boom Across the Globe
(Wall Street Journal) – A decade after the global financial crisis, household...
Household Debt Sees Quiet Boom Across the Globe
(Wall Street Journal) – A decade after the global financial crisis, household...
The “pension crisis” is one of those things – like flying cars and nuclear fusion – that’s always coming but never arrives. But for pension funds reason it hasn’t yet happened is also the reason that it will happen, and soon:
The Risk...
The Risk...
Self-destruction usually happens in stages. At first there’s a binge in which the thrill outweighs the sense of transgression. This is usually followed by remorse, acknowledgement of risks, and an attempt to reform.
But straight-and-...
But straight-and-...
Towards the end of financial bubbles, people who previously paid little attention to things like “quality” start trying to figure out what they actually own. The result is either funny or terrifying, depending on the point of view.
This...
This...
2017 was literally the smoothest stretch of highway that US stocks have ever traveled. Rising almost every day and seldom falling hard, they made it virtually impossible for investors to lose money. Here’s the Dow Jones Industrial Average...
Late cycle behavior is everywhere these days. Governments have stopped worrying about deficits, and now the rest of us are apparently joining the orgy.
Corporations, for instance, are buying each other out – mostly with borrowed money...
Corporations, for instance, are buying each other out – mostly with borrowed money...
Central bankers keep lamenting the fact that record low interest rates and record high currency creation haven’t generated enough inflation (because remember, for these guys inflation is a good thing rather than a dangerous disease).
To...
To...
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