By EconMatters
We discuss Priceline setting a new record high as another example of an overvalued tech stock in an overall tech bubble with a 41 p/e, very reminiscent of the 2000 tech induced market crash, with a bunch of over valued tech stocks leading the markets to unsustainable record highs, only to crash to record lows wiping out years of gains in six months. We have hit the Euphoria phase of the stock market bubble!
By EconMatters
By EconMatters
We discuss the fact that Euro Area Inflation is spiking, as is inflation around the globe, as the consequences of artificially low interest rates start coming to the forefront in this video. We believe given that the ECB`s only chartered mandate is keeping a lid on inflation; forget tapering the ECB needs to start raising interest rates.
https://www.youtube.com/watch?v=fsGCzaBJDh0
By EconMatters
We discuss the elephant in the room for Donald Trump, Apple is the most profitable company in the world, has 250 Billion Dollars in Tax Shelters, and if anybody can afford to bring manufacturing facilities back to the United States it is Apple.
By EconMatters
The Title says I am long stupidity, which I am, but I am also long Corruption, Excessive Government Debt, Excessive Risk Taking in Financial Markets, Excessive Complacency, Terrible Trade Wars, Protectionism. I am So Long Government and Central Bank Incompetence, Long Inflation, Long The Massive Credit Bubble Blowing Up, and Long the entire financial system collapsing.