““Credit collapse, though awful, is not as awful as hyperinflation in phrases of destruction wrought upon societies.”” — Paul Singer, hedge-fund manager and founder of Elliott Management That’s hedge-fund billionaire Paul Singer of Elliott Administration, on why he thinks a deep recession and credit history collapse will be necessary to […]
bubble
Key money marketplace regime improvements commonly choose place in phases. The crypto meltdown in 2022, for instance, incurred about $2 trillion of losses. The technology meltdown followed, with losses of about $5 trillion, the U.K. government bond (gilt) disaster ($500 billion in losses), in addition an ongoing emerging current market […]
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 16, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. […]
The current market may be in the early innings of a spectacular drop. Despite Monday’s tech comeback, cash supervisor Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.” “Go back and glance at the heritage of bubbles. They never softly correct and then are off to […]