Despite what you might have heard people raving about the "money of the future," the fact is that bitcoin and other cryptocurrencies are very expensive and experimental as well.
We discuss the Bob McNair controversy in context with the bigger picture issue of the NFL`s Brand Image with Consumers in this business and marketing related video.
It is obvious that Central Banks are way behind the interest rate hiking curve, we should be 300 basis points or 3% higher across the board in global interest rates.
The second is that if they know that financial markets are a bubble and still taking speculative risk to the upside, then it proves that nothing was learned from the 2007 financial crisis.
“Invest $500,000 and immigrate to the United States.” This is the tag line of an event for 100 wealthy Chinese in Beijing last Saturday. Who could make that bold promise?
It is starting to look like employers have bought into the animal spirits and market psychology euphoria and are hiring at precisely the worst possible time as the hard data is signaling an upcoming downturn in the overall economy.
The tail risk is beyond any finance models ever constructed right now, literally every stock in the world could go to zero given the Flash Crash of 2012 was only a temporary event, and we are at much bigger levels of the historical asset bubble now, and the Central Bank Unwinding Stage is just beginning.
