bubble

Economic growth warning signs are evident all around in recent data from the US, Europe and China. This should mean negative earnings surprises by Q3 earnings season.

Technology guru Vivek Wadhwa of Duke University and Paul Kedrosky, a noted investor and analyst in the tech and finance space debated whether there is a bubble in technology shares on Friday. The interview is very good, so I am posting it…

Yesterday, Sheila Bair wrote an unusual Op-Ed in the Washington Post in that it was penned just after departing a high-ranking government position and it was also highly critical of the government’s policy responses. The obvious conclusion…

If the US wants job growth, it will need to reduce private sector debt levels - and that takes time. The government can act a a counterweight to the demand drag but I am very sceptical of claims like Summers’ that doing so would solve a…

Marc Andreessen believes companies like Google and Apple are undervalued because "the market doesn't like tech.” In his view, the recent popularity of tech companies does not constitute a bubble. Instead, he sees a market that is starved…

Jim Rogers is bullish on Asia. In a twenty-minute interview with the BBC, he explains why? Hat tip Paul Kedrosky. Like Paul, "I find many of his rhetorical tricks maddening" but it is an informative interview nonetheless. Videos below

Jim Chanos sees a slowdown in residential property sales coupled with declining prices. Real estate companies are starting to close down. He argued on CNBC yesterday that this means the first signs of a Chinese slowdown are showing. Video…

"I don't want to see unemployment this high," Thomas Hoenig says. "But I also don't want to see it this high three or four years from now following another crisis because we were so impatient. That's a very hard trade-off and it's very…

There is a difference between economic growth from mere factor mobilisation and economic growth from increased productivity. One requires a lot more capital investment and debt than the other. If and when capital investment growth slows,…

Jeremy Grantham is seriously bearish again. In part 2 of his latest quarterly newsletter, he departs from the peak resources argument he made in part 1 and focuses on the overvaluation in stocks. His advice: sell!