” Emerging Markets: The Next Fed-Inspired Bubble? “
Brings to mind the Cavuto show a couple of weeks ago — where the ‘round table of experts’ spent 5 minutes telling us how the US economy is just peachy-keen-WONDERFUL and strong — and then went on to unanimously recommend investing in NON-US markets....
Ike’s Law of Talking Heads: Irony is lost on ‘experts’.....
Oh, paleeeze. It must be a slow financial news day when you have to revert to terms like "meltdown of the financial system". Who are these bozos trying to kid, anyway? If they want to call it "thinning the herd" or "high risk takers take it in the shorts", fine. But, please don't even try to say the entire financial system is in the dumper.
Round and round the wheel turns, where inflation lands, no one knows.
Will it be in bonds or equities?
Will it be here or overseas?
Will it be consumer products (quaking of the knees)?
Real estate’s shot, US equities caught, bond interest is low.
Hey, I know.
Let’s buy gold.
Too late? Oh, drat, I really, really liked that.
Wait I know, let’s buy time . . .
Great article. The Fed is a serial bubble-blower, there can be no argument about that. The transition between the NASDAQ bubble and the housing bubble was absolutely seamless.
I guess one indicator of the next Fed-blown bubble will be when we read of some financial transaction that makes absolutely no sense whatsoever. When the housing stocks were collapsing in early 2006, one fine day for no reason whatsoever one of the builders (I can’t remember which one) announced that it was going private for some ridiculous premium over the collapsing stock price, then it raised that offer like twice more in the next two months. In retrospect that must have been an early indicator of “liquidity” (the polite word for “counterfeit money”) gone wild.