Category Archives: Bubbles

Andy Kessler: Easy Money and the IPO Boom – WSJ.com

Andy Kessler: Easy Money and the IPO Boom – WSJ.com.

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“How Quickly They Forget” Oaktree Memo from our Chairman

Oaktree Memo from our Chairman.

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Lessons From the Financial Crisis | Leeds on Finance

Lessons From the Financial Crisis | Leeds on Finance. Chicago Federal Reserve Bank President Charles Evans gave a speech two weeks ago called, “Four Lessons From the Financial Crisis.”  The speech was given in New York, at the 20th Annual … Continue reading

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How the Brain Reacts to Financial Bubbles – NYTimes.com

Why are bubbles such a persistent feature of financial history? Economists argue that these speculative frenzies are caused in part by market failures like too much liquidity or lax regulation. Cognitive psychologists, meanwhile, see bubbles as a case of pattern … Continue reading

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Govt Reinflating the Housing Bubble? TARP Inspector Says Yes

Calculated Risk Blog: TARP Inspector Says Govt Risks Reinflating the Bubble To the extent that the crisis was fueled by a “bubble” in the housing market, the Federal Government’s concerted efforts to support home prices risk re-inflating that bubble in light of … Continue reading

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John Mauldin on the Book “This Time is Different”

This book is appearing in columns everywhere.  John Mauldin offers a condensation of the key points.  Well-researched book.   Download 2010-1-29 John Mauldin This Time is Different “Perhaps more than anything else, failure to recognize the precariousness and fickleness of … Continue reading

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Deflation is the Fear, not Inflation

Download 2010-1-23 John Mauldin Thoughts on the End Game "The lesson of history, then, is that even as institutions and policy makers improve, there will always be a temptation to stretch the limits. Just as an individual can go bankrupt … Continue reading

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Flaws in the Bernanke Logic

FT: Ben Bernanke has learnt so little From a GMO guy.  GMO is Jeremy Grantham's firm and is highly respected.  It is written is response to Bernanke's speech to the AEA – the subject of an earlier post. It seems … Continue reading

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Contrarian Investor Predicts Economic Crash in China

NYT: Shorting China As most of the world bets on China to help lift the global economy out ofrecession, Mr. Chanos is warning that China’s hyperstimulated economy is headed for a crash, rather than the sustained boom that most economists … Continue reading

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Valid Fed Criticism from Front Page, NYT

NYT: If The Fed Missed This Bubble, Will It See the Next One? So why did Mr. Greenspan and Mr. Bernanke get it wrong? The answer seems to be more psychological than economic. They got trapped in an echo chamber … Continue reading

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