Marc Faber, Author, The Gloom, Boom & Doom Report, says, everything is in a bubble. On Monday, they sold a t-shirt of the famous US baseball player Babe Ruth, for $24.1 million. It is grossly inflated. The most inflated are the FAANG stocks in the US, the so-called Magnificent Seven. The Magnificent Seven stocks have … Read more
Remember being told that the internet would make our lives easier? I’m going to put on my Maury Povich mask to say the lie detector test determined that was a lie. Now we’re all infinitely connected and constantly contactable by virtually anyone, and deceitful folks can intentionally sensationalize things online to exploit popularity. If you’ve … Read more
Veteran banker Uday Kotak said on Wednesday that Indian stock markets are nowhere near bubble territory. He made this remark in the presence of Sebi chief Madhabi Puri Buch, who earlier this week raised concerns of potential “froth” or “bubbles” in pockets of the market. “There may be a little froth, it could be a … Read more
As Japanese shares finally reclaim past peaks it harks back to a time when everyone in the country seemed to be a stock market millionaire – a Tokyo car park was worth more than New York’s Central Park and the future looked like one endless party. It is difficult now, after three long decades of … Read more
