Eddie Ghabour, the co-founder of Key Advisors Group LLC, warned on Wednesday that the U.S. is in the “largest bubble of our lifetime,” and it’s going to burst as the Federal Reserve is “going to suck liquidity out of the system.” Ghabour made the prediction on “Varney & Co.” one […]
Bubble
Lack of investment rigour risks creating an ESG bubble
The writer is an economist and non-executive director of Chevron A wall of money is driving equity valuations to record highs across broad markets, spurred by pandemic stimulus programmes and low interest rates. Stocks targeted by investors for environmental, social and governance reasons have been particular beneficiaries from the deluge. […]
Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble
Michael Burry (as played by Christian Bale in The Big Short) believes bitcoin will crash. To date though, it just keeps going up. Photo-Illustration: Konstantin Sergeyev/Intelligencer. Photos: Paramount Pictures; Getty Images During the past year of COVID-induced market mania, cryptocurrencies have gone up so much — bitcoin is up about […]