Category Archives: Stock Market

Manna from Heaven

Modern day monetary policy’s something we disparage around here at the Economic Prism.  Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society.  That’s how we … Continue reading

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All Bets Are Off

Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves.  After that, they convulsed and dry heaved again and again.  For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading

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The Fatal Dangers of a Fading Bull Market Run

It is too bad that mobile devices don’t set off a signal before their users do something terminally stupid.  Perhaps a warning alarm would help them change course.  Rather than texting and walking in front of a city bus, the … Continue reading

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The Ghost of Mao Zedong

“Let a hundred flowers bloom.” – Mao Zedong Someone screamed “fire” in a crowded theatre in Shanghai about a month ago.  For whatever reason the audience was on edge.  Perhaps they were watching a suspense thriller, or maybe a horror … Continue reading

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