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Bubbly Anyone?

hank
edited December 23 in Other Investing
Renowned economist worried

"Steve Hanke, a veteran economist and applied economics professor at Johns Hopkins University, said there are two significant problems in the US economy and markets that are keeping him from getting a good night's sleep. One is inflation, which he thinks could start to spiral out of the Fed's control".

The other is high stock prices, which will start crashing back to earth, he told Business Insider.

I don't know if Hanke is right. But he's not alone. Several publications have sounded the alarm.

The Guardian

The Motley Fool

Axios / OECD

Comments

  • larryB
    Robert Reich released a You Tube Five days ago explaining why the AI bubble may well pop.
  • FD1000
    Economists and predictions...
    What can possibly be wrong.
  • hank
    edited 9:39AM
    Economists and predictions...
    What can possibly be wrong.


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