The “Next Normal” will see the emergence of a political-economy using central-bankism to address domestic inequality and international inequality, and to use the private sector to deliver these state goals. Echoes of the past – and hopefully only echoes.
...following the market top in March of 2000 the subsequent counter rally peaked on September 1 and the top in 1929 ended on September 3rd, as did now this rally...
"...At times, it also drove through stop signs, slammed on the brakes for yield signs even when the merge was clear, and stopped at every exit while going around a traffic circle.
Real Vision CEO, Raoul Pal, is joined by senior editor, Ash Bennington, to reflect on a week of extreme price action. They analyze the dramatic crash of U.S…
Berkshire had sold another 100 million shares of Wells in the past two months, taking its position to just 136.3 million, down 100 million since June 30.
"“We think that the economy’s going to need low interest rates, which support economic activity, for an extended period of time. It will be measured in years."
We suspect this was merely a warm up. A trial run. When the time comes, the Fed will stretch the money supply like Silly Putty... and the value of the dollar will be eroded in kind...
Tesla Board member Kathleen Wilson-Thompson exercised an option to buy 12,500 shares at $44.95 and then turned around and sold them immediately at more than 10x that price...
At the same time, since the March lockdown, the Nasdaq has been rising at a rate of $1.6 billion per hour, almost as if every dollar the Fed inject goes right into tech company market caps.
