A golden age for stockmarkets is drawing to a close
Share prices may be surging, but even AI is unlikely
to drive a repeat of the past decade’s performance
Stockmarkets are booming. But the good times are
unlikely to last
Are passive funds to blame for market mania?
They have killed off many of those willing to bet on a
downturn
Your Stock-Market FOMO Is Rational
Central banks cannot fight recession and a credit bubble at the same time
https://www.telegraph.co.uk/business/2024/03/01/central-banks-fight-recession-credit-bubble-same-time/
Investors are behaving as if the West is already in the early stages of a cyclical recovery. They are betting heavily on the impossible trinity of falling inflation, double-digit gains in corporate earnings, and a Goldilocks economy of perfect pitch. But what macroeconomic force is supposed to drive this rebound?
https://www.telegraph.co.uk/business/2024/03/01/central-banks-fight-recession-credit-bubble-same-time/
Investors are behaving as if the West is already in the early stages of a cyclical recovery. They are betting heavily on the impossible trinity of falling inflation, double-digit gains in corporate earnings, and a Goldilocks economy of perfect pitch. But what macroeconomic force is supposed to drive this rebound?