Tag Archives: Bubble

Stocks On A Long Monetary Leash

M2 Money Stock – Weekly % Year-on-Year Change  Stunning to see the weekly monetary aggregates (M2) continue to grow at an unprecedented 25 percent year-on-year rate.  Not so stunning to see the stock market mania being led and fueled by … Continue reading

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Statista’s New Chart Looks Familiar

It makes us a little nervous when we see our ideas, opinions, and charts starting to be adopted as conventional wisdom. A New Bull Market…In Bullshit Though the cheerleaders are still preaching a new bull market, the only new bull … Continue reading

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Even at $700, Apple is not a bubble — Felix TV

Good job,  Felix!  He gets it and provides  a really cool graphic to prove it. …This is the way sensible markets work.  You start with high [PE] ratios with a low valuation and you move up to low ratios with … Continue reading

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Quote of the Day

I predict that the unemployed in this country who will face the inevitable inflation of this money-printing will find little joy in watching Indonesian stocks rise further.  – Howard  Simons

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“Emerging markets at risk from a gigantic bubble” – FT

In case you missed it,  great FT piece by Peter Tasker of Argus Research about asset bubbles in Japan and China and the role of FX policy.  It’s all about Macro these days, The message is clear. It wasn’t the … Continue reading

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