bubble

For the second week in a row the raw jobless claims data have fallen, as has the uptick in the rate of increase in Covid-19 infections and death. Meanwhile, some 2.4 million people have been vaccinated worldwide, a Brexit negotiation seems…

Quick post here on jobless claims Data collection difficulties Data collection is a real challenge during this pandemic. And the US jobless claims data set is telling on that score. For one, the US Labor Department was forced a few weeks…

Back in June, I wrote a post about worries that were beginning to surface regarding a speculative mania taking form in the equity markets. I want to update the thinking from that post now that we have had three months' additional data. And…

Earlier this morning I tweeted an old blog post I wrote two years ago because I think it's relevant to what's happening in the economy right now. And so, I want to use this post to explain what that old post was about, and how that old post…

All eyes today are on the Federal Reserve because the Federal Open Market Committee is due to release its policy statement. There is an unusual amount of interest in what Fed Chairman Jay Powell says at the subsequent press conference…

I am in the middle of watching an entertaining interview of Mark Cuban by Larry McDonald on Real Vision right now. I haven't got to the part to which I assume the title refers:  "Mark Cuban — This Feels a Lot Like the Internet Bubble". But,…

Shellacking the retail investor I am glad WeWork is in the headlines these days, since I told you in May that I see it going to zero eventually. Now, I've been sanguine about a so-called bubble in these unicorns for a number of years. And…

Back in May, I wrote a post I titled "2019 may be the best time to IPO". The gist of the post was that unicorns were seeing the best market conditions imaginable for conducting an initial public offering. But, the window for loss-making…

Growth matters, profits don't Nearly 7,000 scooters appeared to be active in Los Angeles County in January, having logged a ride in the previous two weeks. By April, more than 5,500 of those same scooters appeared to be removed from active…

By Marshall Auerback This post first appeared on AlterNet Cutting rates at this juncture simply perpetuates current bubble-like conditions and therefore will make the ultimate outcome worse when the bubble inevitably bursts. The one…