Tag Archives: bubble
China’s Spectacular Reckoning
Change is constant. You can count on it. Earlier this week, for instance, it was revealed that China’s economy is growing at just 7 percent annually. The Middle Kingdom’s GDP hasn’t been this slow since 2009…during the midst of the … Continue reading
What Comes After the Boom
Last week Fed Chair Janet Yellen opted to keep the Fed’s zero interest rate policy in place. Wall Street cheered the news and bid stock prices up to near record levels. After more than six years, and over $3 trillion … Continue reading
The Beatings Will Continue
The annual company holiday party was held over the weekend at Clearman’s North Woods Inn. As President and Founder, we were obligated to offer some anecdotes. What follows is an excerpt of our impractical perambulations… The year is fading fast. … Continue reading
Musical Chairs Investing
Markets were closed yesterday in observance of Labor Day. But here at the Economic Prism we labored on. There’s always something to contemplate. Where to begin? One place, obviously, is this crazy stock market. Day after day, week after week, … Continue reading