…(3) properties, which has been a very good way for those workers to get rich through selling and “trading up.” The primary solution to this bubble, he believes, would be…

…went into increasingly marginal and speculative developments and simply exacerbated an underlying credit bubble. Although they did not speak out at the time, a number of prominent economists and financiers…

…from China would be higher, but the difference in costs would be relatively small.” [2] It’s Canada – NOT China – that is the U.S.’s largest trading partner. It has…

…the optimal trading strategy doesn’t depend on the planning horizon. Indeed he did under the assumption that the objective is the log of end of horizon wealth *and* that financial…

…asset class has rules which govern its long-term behavior, and I can easily believe that we will never again see the S&P 500 trading on a P/E10 of less than…

…the conviction that the Internet and other technologies augured a golden age of unparalleled prosperity. Notes Shiller dryly: “Once stocks fell, real estate became the primary outlet for the speculative…

…have negative social utility. They are pure speculative assets which enable people to gamble. Also bitcoin miners use as much electricity as Denmark. The problem is exactly the aspect which…

…Current price trends are speculative given the Ukrainian conflict is still ongoing. I currently am of the thought that this will settle as yields come off, and we also have…

…sponsoring hedge funds and equity funds and from engaging in a great volume of proprietary trading–those things that their management has loved to do in recent years. And it got…

…to make the reported data for the daily supply of oil and for the consumption of it balance out, a fudge factor that they label in  their footnotes as “unaccounted…