At extreme levels of market valuations (bubbles), everything portends a crash

Lately there has been growing concern over the valuation of the US stock market, warning that it is currently overvalued. This analysis delves into the reasons behind this rating and explores the various factors that contribute to the perceived overvaluation. By trying to understand the basics of what “overvalued” means, we shed light on the …

How far or close are we from a painful crash?

The economic cycle we are experiencing is very different from most economic cycles we have experienced to date in our lifetimes. This means that we are in an income-led expansion, but also in an income-led consumption expansion, meaning that citizens in the US are enjoying wage growth of 6% per year, with personal consumption spending …

Why is the FED secretly preparing for another banking crash?

It recently became known that the American authorities are preparing a proposal that will push American banks to use the “loophole” of the Federal Reserve Bank of the USA (Federal Reserve, FED) in the event of a new crisis. For whom does the bell toll? It is clear that the FED wants to take its …

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