Case-Shiller

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A Murderous Complacency

Dark omens are circling everywhere in today's markets
Friday, February 3, 2017, 4:38 PM

Running PeakProsperity.com requires me to read and process a lot of data on a daily basis. As it's hard to digest it all in real-time, I keep a running list of charts, tables and articles that catch my attention, to return to when I have the time to give them my full attention.

Lately, that list has been getting quite long. And it's largely full of indicators that concern me, signals that the long era of "extend and pretend" in today's markets may finally be at its terminus.

Like crows circling overhead, everyday brings with it new worrisome statistics that portend an ill change ahead. Indeed, these signs are increasing so quickly now that it's hard not to feel like Tippi Hedren in Hitchcock's classic The Birds. » Read more

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Understanding Asset Bubbles - Crash Course Chapter 17

Why they form & how they pop
Friday, October 10, 2014, 6:21 PM

Through the long sweep of history, the bursting of asset bubbles has nearly always been traumatic.  Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. » Read more