“If you stay rational...the stupidity of the world helps you,” says Buffett associate Charlie Munger pic.twitter.com/luTkDTjZw8
— WSJ Personal Finance (@WSJpersfinance) September 12, 2014
“If you stay rational...the stupidity of the world helps you,” says Buffett associate Charlie Munger pic.twitter.com/luTkDTjZw8
— WSJ Personal Finance (@WSJpersfinance) September 12, 2014
Fed’s Fischer Leads Committee Watching for Asset-Price Bubbles (Here Are Bubbles To Watch, Stan!)
ReplyDeleteThere you go Stan! Home prices and equity markets are in a bubble (thanks to NO bubble in wages and earnings). And no current gold bubble either.
So I would watch the equity markets and home prices for excessive risk taking.
Stanley Fischer with “Orange Lady” Christine Lagarde from the International Monetary Fund (IMF) looking for asset bubbles over coffee. And apparently Lagrade has been promoted to General in the Global Monetary Army.
https://confoundedinterest.wordpress.com/2014/09/13/feds-fischer-leads-committee-watching-for-asset-price-bubbles-here-are-bubbles-to-watch-stan/