Crypto Biggest Ponzi Scheme Ever
Many investors have fallen into a religious trance about crypto. From $100 per in 2007, the price of the largest crypto, Bitcoin, has reached the $100,000 level just before selling off a bit.
Economy & Market
Soaring Budget Deficits Sooner or Later will Crash
The new administration is expected to lower taxes, reduce regulations, and increase deficit spending thereby flooding the market and economy with cash. Remember all there is in the markets are the assets traded; whether stocks, bonds or commodities such as crypto. Money goes in and out of investors pockets. When the amount of new money … Read moreSoaring Budget Deficits Sooner or Later will Crash
Crypto Mania: A Money Printing Phenomenon
The unprecedented stimulus measures are driving speculative stocks and cryptocurrencies sky high. A prime example is the show Elon Musk is putting on with Dogecoin. But the impact will be all the harder if the Tesla CEO, like Icarus, gets too close to the sun.
Authoritarianism is Dying
The pandemic poses significant challenges to democracy and the rule of law. Meanwhile, authoritarian systems are experiencing an upsurge. But this is only a temporary trend, because thanks to the power of free markets, we are inexorably heading towards global prosperity.
Pump & Dump
New government funding is likely to bubble up stocks further. That means the risk of a market crash in the coming year is rising. Investors should be especially careful in the month of April when several hundred billion Dollars in capital gains taxes are due.
Black Swan Getting Ready to Fly
Suckers Market: There are increasing signs that the stock market boom is nearing its peak. Retail investors are speculating wildly with options and believe that they cannot lose money with stocks. At the same time, companies are throwing more and more stocks onto the market. A sure recipe for a crash.
Is The Stock Market Trying to Crossing a Bridge Too Far?
Global markets have been surging since three vaccines with 90%+ efficacy have recently passed clinical phase III trials. In essence, the stock market is saying that the end of the pandemic is in sight and that «real good times» lay ahead.
The Bond Market No Longer Trusts
Bond investors not only see a weakening global economy but have little faith that US President Trump can effectively manage the global trade mélange. My bet is sooner or later the stock market will follow suit.
Fake News
by Charles Biderman,
published in THE MARKET, 29.10.2019
Why is anyone surprised America has a «Fake News» President? After all, we already have a global fake economy and a fake stock market.