Gundlach: The cannabis boom looks like a ‘mania’
After a red-hot 2018, cannabis stocks are on fire again to start the year. Canadian cannabis company Canopy Growth (CGC), for example, is up nearly 60% through February, as shares … Read more
mania
Crypto-Mania Collapse Update: $638 Billion Gone
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Of the seven biggest, six have plunged by 78% to 92%. Cryptocurrencies and tokens are multiplying like rabbits: There are now 1,926 listed on CoinMarketCap.com, 500 … Read more
Metrics of Mania: Nobody Can Predict a Bubble Market’s Near-Term Direction
via Business Insider: Attempting to read the tea leaves and anticipate near-term market movement is nearly irresistible. Bold proclamations of just-around-the-corner seismic price movements reliably get a lot of attention, … Read more
How to wait out the financial mania in safety
by Simon Black traffic.libsyn.com/sovman/094__How_to_wait_out_the_financial_mania_in_safety.mp3 In today’s podcast, I share more thoughts on Puerto Rico including my experiences opening a business there. While the island has its problems, I’m still bullish on … Read more
Where Are We In This Mania Cycle?
by stockboardasset “Given rich valuations and deteriorating internals, downside risks are increasing. But finger-waving about the risks of Fed tightening or QT, after the jackweeds at the Fed encouraged THIS, imagines … Read more
TESTING FINANCIAL CYCLE MANIA
via Danielle Park, CFA Over the last year, cryptocurrencies became an icon for the speculative fervor that has increasingly driven the 2009-18 financial cycle. Leading the sector, bitcoin rose from $1200 … Read more
Consumer credit, Mania comment, Fed on rates and inflation
by WARREN MOSLER It’s been decelerating all year with a year end move up that’s likely to be reversed as personal income growth continues to be very low: Highlights Consumer borrowing … Read more
Market Now Entering Mania Phase, Says Strategist
by FS The following is a summary of our recent podcast interview with Gary Dorsch on Stocks, Commodities, which can be accessed on our site here or on iTunes here. We’ve witnessed remarkable stock market … Read more
Marc expects that once the crypto mania subsides, there will be a massive rush into gold and silver.
Bitcoin and the other cryptocurrencies has drawn possible speculators away from the precious metals and towards crypto, but Marc says that crypto is a bubble the mania will come to … Read more
Cryptocurrency Mania and Blockchain Banking
by James Hall The never ending overdose of Bitcoin coverage in the press and on social media would have one believe that the manna of financial subsistence is leading us all … Read more
This speculation is a perfect fit for a late stage financial mania. People are bidding up the price of worthless tokens for the thrill of speculation in itself.
Four Years of Cryptocurrency ICO Sales, Visualized in One Graphic This graphic shows the full history of token sales (aka initial coin offerings), from the early days of 2014 to … Read more
THE U.S. STOCK MARKET: Highly Inflated Bubble To Super-Charged Tulip Mania
BY SRSROCCO Investors need to be concerned that the U.S. Stock Market is well beyond bubble territory as it has now entered into the final stage of a Super-Charged Tulip Mania. … Read more
Machine Mania in the Marketplace: How Computers Came to Own the World
by David Haggith With 60% of stocks now being traded by bots that fake each other out in order to create buying opportunities, stock exchanges have lost their connection to the … Read more