Bitcoin and crypto bubbles. Stock market bubbles. Bond market bubbles. Canadian housing and credit bubbles. Student debt bubbles. Car loan bubbles. Commercial real estate debt bubbles. The China bubble. It has become hip and trendy to call any price or credit increases a bubble. What’s up with that?
My latest text that has caused quite a stir. A very complete investigation into the crypto phenomenon of Bitcoin and the unbelievable price increases we see in the crypto world. A must read to go beyond the basic calls that it is a bubble and do delve deeper into the underlying causes of the price along with exploration of potential for the future, which may be shocking to some. Read it!
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In part I we explored where markets stand now and what elements are generally causes for major market drops. Other than stocks and bonds, real estate is another major market. Real estate can be decomposed into 3 broad categories:
The Fed led the way with monetary tightening and now the Northern neighbour Canada has started to follow with a shift in tone and policy. The global economy is finally out of the rut caused by the 2008 shock and the ongoing stagnation and drama in Europe.
After the shock and stagnation of 2008–2012 and some return to recessionary momentum in some countries in 2012, we are now entering a new phase in the global cycle, with modest “reflation” and growth.
You have ideas for a startup? Economics is not just academic stuff that is useful for hedge funds, banks, and governments, it has very down-to-earth lessons to give you that you may want to keep in mind as you think about your startup. Here are the things to keep in mind…
So now you have a bunch of ideas, and you are asking yourself what’s next (If you don’t have a bunch of ideas for your startup maybe you should start by reading my last post 4 Steps to Finding Your Winning Startup Idea).
My last post where I estimate the probability of a US recession for the near term. Don't miss this short read!
It will be complex and messy. Japan can avert the crisis, but it does not seem to want to do what must be done to avoid it OR politicians simply do not fully grasp the extent of the hole they have dug themselves into and continue digging at an accelerating pace. Japan has the potential to cause a global crash that will pale in comparison to the 2007–2008 crisis.
How can you be profitable in forex trading? Look at this table and study it well - it could change your trading forever! In it, you have profits and losses in pips for various combinations of TP:SL (take profit target and stop loss distance, in pips) for different win rates. The profits are given in pips for a total of 10 trades. Once you haver looked at it enough, read on for very important insights on how to become profitable in forex trading. A must read!