MPI/Getty ImagesOne of the first things you hear about the stock market are the stories of the great bull markets and great crashes.And when you hear the stories about these dramatic moves, you also quickly hear about the great (and not-so-great) forecasts that preceded them.We like to imagine that there are people who can predict the future. And none are […]
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Robert Shiller isn’t ready to call the stock market a bubble. In an interview with Goldman Sachs published over the weekend, the Yale professor and Nobel Laureate said there is a “bubble element” to the behavior we’re seeing in the stock market. But outside of the “social epidemic” Shiller — who published his famous book “Irrational Exuberance” right before the Nasdaq […]
The Dow rose 140 last Monday, was down 330 on Tuesday, up 260 on Thursday, and down 250 on Friday (before a late-day save and finishing down 145). This morning, the Dow is up by nearly 100. There are numerous reasons for the loss of market memory, not the least of which are wild moves by global central bankers and […]
Trading of world’s biggest bubble stopped, after shares soared 25,000%Published time: July 11, 2014 12:21Edited time: July 11, 2014 12:55Get short URLScreenshot from introbiz.comTrading in Cynk Technology, an online market for the contact info of famous people like Johnny Depp or Angelina Jolie, was stopped on Friday after its shares soared 25,000 percent. It is the biggest stock bubble, as […]
“Keep
calm and carry on.”Brad
McMillan, chief investment officer at Commonwealth Financial, keeps a copy of the
famous motivational World War II-era British sign above his desk but insists he
didn’t need to refer to it once during what felt to many observers like a stock
market meltdown throughout
the day Thursday.McMillan,
however, was far from hitting the panic button.“I’ve
seen things bounce up and bounce down before […]
By Mike Dyce – Mar 19th, 2014 at 3:08 pm Mandatory Credit: Matthew Emmons-USA TODAY Sports ESPN’s College GameDay panelist Lee Corso showed up at the New York Stock Exchange this week. What he was doing there, I’m not exactly sure why he was there but I’m less sure about why he is signing a Hulk hand. I […]
Stock Market Fundamentals Rendered Irrelevant by Fed Actions
Stock-Markets / Stock Markets 2013Nov 26, 2013 – 08:25 PM GMTBy: J_W_Jones
The fundamental backdrop behind the ramp higher in equity prices in 2013 is far from inspiring. However, fundamentals do not matter when the Federal Reserve is flooding U.S. financial markets with an ocean of freshly printed fiat dollars.As […]
