Posts Tagged ‘bubble’
The Economic Process of Deleveraging Part One – What Happened in Japan?
The process of deleveraging has been in place since the onset of global recession and financial crisis in 2008. Many investors and economists have highlighted how long the process can take once it gets going. It’s striking how the theme of deleveraging, broadly speaking, is universally assumed to play out over a very long time.…
Read MoreNew York City Taxi Medallion Bubble – Prices Appreciate to $1M
Bloomberg recently reported that New York taxi medallions changed hands this October for a record $1 million. There have been a number of reports over the years demonstrating that investment in taxi medallions outperformed stocks, bonds, real estate, and other financial assets. While this may be true, the yield has clearly come way down making…
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