Having already waited for too long, the Fed faces a tricky policy pivot especially as it is now hostage to a ‘new monetary framework’ that is ill-suited for the pandemic-related structural changes to the economy.
Mohamed El-Erian: „Die Fed riskiert eine Rezession handelsblatt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from handelsblatt.com Daily Mail and Mail on Sunday newspapers.
Post-Covid Warning: Fence Federal Regulation And Spending Before The Next Economic Shock forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
The long and noteworthy history of stock market bubbles is littered with a cyclical pattern of a boom, bust, big winners, and heavy losers. And the current 2021 stock bubble appears to be no different.
If anything is sure, the current stock present valuations and what comes next are unlikely to rewrite financial history. The only certainty – apart from being an improbable outlier – is that the bubble will burst eventually. They always do. History tells us it is so.
Our imperative is, therefore, to learn from history or be destined to repeat it. But is the stock bubble of 2021 a temporary blip or a more long-term phenomenon?