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Tag Archives: bubble
Fantasy Stocks for a Fantasy Market
Fantasy Stocks for a Fantasy Market By Doug French, Contributing Editor, Casey Research They don’t ring bells at the top, but when a company called Fantex Holdings plans to sell shares in professional athletes and possibly actors and musicians, a … Continue reading
Posted in Doug French, Stock Market
Tagged 401K, bubble, DOW, fantasy football, fantex holdings, S&P500
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Digital Tulipomania?
“Quis furor, o cives!” – Lucan. What a Hoot! Can you recall a time in living memory when public life was so comically ignoble? Everyday we’re greeted with a rib-tickling revelation about the nation’s number one man. We don’t know … Continue reading
Posted in MN Gordon, Stock Market
Tagged bitcoin, bubble, obama, speculation, tulipomania
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Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, DOW, monetizing debt, quantitative easing, S&P500
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Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading
Posted in Economy, MN Gordon
Tagged bubble, construction, consumers, manufacturing, saving, spending
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