Topic

bubbles

A collection of 10 issues

How to Escape The “Winner’s Curse”

Betting on perfection is a fool’s errand in any environment. It’s particularly risky today as the economy teeters on the edge of recession and a looming debt crisis. Fortunately, the bubble in AI and tech stocks is setting up a tremendous opportunity elsewhere.

The SVB Crash Was Just The First Domino

In light of the past week’s extraordinary market events, we’re releasing this “state of the markets” briefing.

Here’s Why No One Will Ever Be Able to Stop Inflation Again

Current Fed Chairman Jerome Powell wants to put an end to inflation. Unfortunately – for Powell, for markets, and for investors – it appears increasingly unlikely that he’ll get his wish.

Coming Soon: The Boeing Collapse

One of many casualties of the coming corporate debt implosion.

What A Death-Row Turkey Tells Us About Black Swans

By special arrangement with the publisher, we’re happy to share an excerpt of trader, statistician, and risk analyst Nassim Taleb’s 2007 classic, The Black Swan: The Impact of the Highly Improbable.

A Flood of Funds Are “Gating” Their Money – Here’s What It Means

After the 2008 Financial Crisis, lawmakers beefed up banking regulations and cracked down on the irresponsible lending standards that inflated the housing bubble. But trying to regulate away the next crisis is like playing Whac-A-Mole: The next crisis is going to pop up in a brand-new hole.

The Real Reason Why Airlines Have So Much Baggage

Cheap money is grounding flights all over America – and that’s just the beginning.

Housing Is On Its Knees And Corporate America Isn't Far Behind

Homebuilders have reported fewer new construction starts every month since March. That’s the longest stretch of declines since the housing crisis of 2007. And homebuyers have even begun walking away from their deposits – cancellations are above 15% for the second consecutive month.

How Bernanke Broke the World

The price of U.S. Treasury bonds is collapsing. Since the end of July, the 10-year Treasury rate has risen sharply, from a yield of 2.65% to over 4.3% now. There haven’t been bigger losses in the U.S. Treasury bond market, EVER.

What Will Happen as Central Banks Run Out of Credit

How to earn 243% on a Bitcoin bond. A global "Minsky Moment". The bond bull dies. Why wealth is shifting to real assets.