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Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In the 14 months from the presidential election through January 2018, the Dow soared 49%. Housing prices soared too. The real economy followed. Consumers went on … Read more
by Lance Roberts On December 5th, 1996, during a televised speech then Fed Chairman Alan Greenspan stated: “Clearly, sustained low inflation implies less uncertainty about the future, and lower risk … Read more
The longest bull market in history we are experiencing right now may be unprecedented, but to Robert Shiller, the moment of “irrational exuberance” is coming back. The renowned Yale economist … Read more
by Lance Roberts Review & Update Last week, we discussed the record-setting year of the market. Not only did the markets tie the most number of up years for any bull … Read more
probably normal pic.twitter.com/uQeOn0n1UG — zerohedge (@zerohedge) October 2, 2017 As here: US Non-financials have repeated their 1995-2000 ‘Irrational Exuberance’ run to the last Tech Bubble top. #SPX #Nasdaq pic.twitter.com/G42XOxTkp0 … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Pre-collapse year 2007 keeps popping up with eerie frequency. “Announced” global volume of Mergers & Acquisitions – “announced” in quotes for a reason, more in a … Read more