A Minsky Moment is coming for gold

A Minsky Moment is coming for gold

Feb 22, 2020 | Gold

“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent instability of...
The Fake News Economy

The Fake News Economy

Feb 18, 2020 | Economy

The stock market is becoming increasingly disconnected from underlying main street reality. Corporate profits have been declining since the third quarter of 2018. However, pre-tax corporate profits have been declining since the Q3 2014 (this data is available on the...