Tag Archives: stocks

Where Will All the Money Go When All Three Market Bubbles Pop?

Everyone who’s not paid to be in denial knows stocks, bonds and real estate are in bubbles of one sort or another. Real estate is either an echo bubble or a bubble that exceeds the previous bubble, depending on how … Continue reading

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Is the Stock Market Now “Too Big to Fail”?

Correspondent Bart D. recently speculated that the U.S. stock market was now “too big to fail,” that is, that it was too integral to the global financial system and economy to be allowed to fail, i.e. decline 40+% as in … Continue reading

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Stocks and Bonds Are Due for a Generational Crash of 75%

From the point of view of history, a reversion to generational lows is inevitable, and a valuation level around 50% of GDP for stocks is a fair target. If we look back to 1981 valuations of stocks and bonds as … Continue reading

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Is This a Blow-Off Top? Four Ways to Tell

Those who lived through the last two speculative blow-off tops know the impossibility of predicting the final top. How can we tell if stocks are in the final blow-off stage of a bubble? There are four basic give-aways: 1. Parabolic … Continue reading

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Wedges and Triangles: Big Move Ahead?

The central bank high is euphoric, the crash and burn equally epic. Just out of curiosity, I called up a few charts of key markets: stocks (the S&P 500), volatility (VIX), gold and the U.S. dollar (UUP, an exchange-traded fund … Continue reading

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Are Capital Inflows Propping Up U.S. Markets?

It seems likely that significant capital inflows are helping prop up asset valuations in the U.S. Nobody really believes the official narrative that the “recovery” is powering the remarkable strength of U.S. stocks, bonds and real estate. The real Main Street … Continue reading

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The Happy Story of Boomers Retiring on Their Generational Wealth Is Wrong

This happy story is wrong on multiple counts. The conventional view of the Baby Boomers’ retirement is a happy story: since we’re living longer and remaining productive longer, Boomers will not be as much of a burden on Gen-X and Gen-Y … Continue reading

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The Generational Short Part 2: Who Will Boomers Sell Their Stocks To?

Those who see the current era as the New Normal also have one logical action: sell now at the top and wait for the smoke to clear in 2016. In The Generational Short: Banks, Wall Street, Housing and Luxury Retail Are … Continue reading

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