The central banks can be thanked for all bubbles, including those in cryptocurrencies. Original Article: “ Central Banks Put Wind at Bitcoin’s Back “. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
In the midst of a stock market bubble like this one, everyone from Warren Buffet down to the shoeshine boy has some great tips for you.. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “ As the Fed Pumps, the Stock Market Is Increasingly the Only Game in Town
When confidence is extreme, there’s no scrutiny. There’s always a “this time it’s different” mindset, the belief that anything is possible. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “ Stocks Always Go Up. Until They Don’t.
If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion. Original Article: “ The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion “. This Audio Mises Wire is generously sponsored by
Circa casino’s new three-story, 78 million–pixel, high-definition screen in its sportsbook gambling compound may represent a new frontier in mega–building trends similar to those of skyscrapers. Original Article: “ The Rise of Mega–Gambling Facilities: A New Skyscraper Curse? “. This Audio Mises Wire is generously sponsored by Christopher Condon.
In a bit of holiday news no one will care about, the Treasury announced it would return to selling twenty-year treasury bonds to aid in funding the nation’s trillion-dollar deficit. It was 1986 when the Treasury last issued twenty-year paper. Of course the question is: who or what will be the buyers? Daniel R. Amerman, CFA , is keeping a steady
The SPDR S&P Homebuilders ETF closed the other day at 45.65 , poking higher than February 2006’s 44.70. The conventional wisdom is: “Teamed with a resilient job market, low mortgage rates have helped boost home buyer demand,” Matthew Speakman, an economist at real estate data provider Zillow, told CNBC . “An extreme shortage of for-sale listings,
The year 2006 seems like a lifetime ago. The housing boom seemed to be going full throttle, but danger lurked. I wrote on LewRockwell.com in March of that year, concerning a Las Vegas real estate seminar, that “nary a discouraging word was spoken.” But despite the happy talk coming from the podium that day, pleasing the thirteen hundred attendees,
“Russia, Russia, Russia,” the current president used to sarcastically chastise opponents for wondering about 2016 election tinkering from Putin’s principality. Recent MAGA rallies featured “Covid, covid, covid,” with President Trump complaining that the press could think of nothing else. In investmentland, it’s “Bitcoin, bitcoin, bitcoin,” again
Listen to the Audio Mises Wire version of this article. While the economic storm caused by COVID-19 has seemed to wane (temporarily?), the stock market can’t seem to go but one direction—up. Graham and Dodd’s meaty 700-page Security Analysis has soared to number 7695 on the Amazon best-seller list. According to Warren Buffett, the book is “A
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.