The Perils Of Asset Bubbles

I have written many posts concerning asset bubbles as my analyses indicate that: many immensely large asset bubbles currently exist today’s asset bubbles are exceedingly complex in nature asset bubbles are largely misunderstood asset bubbles pose an immense threat to the financial system their future resolution is profoundly problematical Of course, asset bubbles are often … Read more The Perils Of Asset Bubbles

Additional Thoughts Concerning Rising Interest Rates

On August 22, 2013 I wrote a post titled “The Impact Of Rising Interest Rates,” in which I discussed various wide-ranging impacts of the rising interest rate environment that I believe lack recognition.  In this post, I would like to make additional comments regarding the future level of interest rates, and specifically the 10-Year Treasury … Read more Additional Thoughts Concerning Rising Interest Rates

Is The Stock Market Experiencing A Bubble?

Recently there have been a variety of discussions as to whether the stock market is experiencing a bubble.  Among the main drivers of such discussion is the stock market’s seemingly near-constant price advancements, frequent record-high closes, and the duration of the advance, all of which are against the backdrop of the (at best) slow-growth economy. … Read more Is The Stock Market Experiencing A Bubble?

Is The Collector Car Market Experiencing A Bubble?

The collector car market is one that I have followed on a casual basis over the years. I find that it is an interesting market in many respects.  One of the more notable characteristics is its volatility. Recently, there have been a variety of auction reports that I find very notable. Specifically, here are some … Read more Is The Collector Car Market Experiencing A Bubble?

The Impact Of Rising Interest Rates

With the recent increase in interest rates, perhaps the paramount question is what impact a rising interest rate environment will have on the economy. First, for reference, here is a long-term chart of interest rates from 1962, as seen in Doug Short’s post of August 17 titled “Treasury Yields In Perspective” : (click on chart … Read more The Impact Of Rising Interest Rates

The Bond Bubble – February 2013 Update

In previous posts I have discussed the Bond Bubble and its many facets. Since my last post on the Bond Bubble (the July 25, 2012 post titled “The Bond Bubble – July 2012 Update“) yields of various Treasury maturities have started to increase. Here is a chart depicting the recent movements of various (3-month, 2-Year, 5-Year, 7-Year … Read more The Bond Bubble – February 2013 Update

The Bond Bubble – July 2012 Update

In previous posts I have discussed the Bond Bubble and its many facets. Since my last post on the Bond Bubble (the February 21 post titled “The Bond Bubble – February 2012 Update“) yields of various Treasury maturities have continued to decline and many have been establishing all-time lows in the last few days. Here is a … Read more The Bond Bubble – July 2012 Update

The Bond Bubble – February 2012 Update

In previous posts I have discussed the Bond Bubble and its many facets. Since my last update on August 15, 2011 (“The Bond Bubble – Update“), the yield on the 10-Year Treasury has roughly been in the 1.7%-2.4% range.  This is seen in the 3-year daily chart, LOG-basis, as shown below: (click on chart to enlarge image)(chart … Read more The Bond Bubble – February 2012 Update

The Bond Bubble – Update

In previous posts I have discussed the Bond Bubble and its many facets.  In particular, I would like to highlight my post of October 4 2010, “Thoughts On The Bond Bubble.” During the recent market tumult, bond yields have once again dropped sharply to very low levels, as seen by the yield on the 10-Year … Read more The Bond Bubble – Update