Over and over again, this blog keeps being right: -right abut tech stocks (especially, Facebook, Google, and Amazon stock (Gnon index), all of which keep going up) -right about Bitcoin (been long since early 2013) -right about the post-2009 economic expansion and bull market (now in its 8th year, and will be the longest ever)… Continue reading Post-2008 wealth creation boom: recap and why it will continue
Tag: predictions
Correct Predictions
Predicting the future is notoriously hard, and that seems to have so far discouraged potential authors and readers alike. Predicting is not as hard [1] as, say, understanding theoretical physics or algebraic geometry. There is a simple heuristic I use: assume past trends will continue. Stocks will keep going up, wealth inequality will keep widening,… Continue reading Correct Predictions
Explaining America’s Economic and Social Stability
Fred Reed ponders the ‘endgame ‘ for America. Things do not look good. The country is disintegrating. The borders are open, against the will of much of the population. Our universities are in sharp decline, the students a rebellious unschooled rabble portending a peasant future. The economy gutters and standards of living fall. Jobs are… Continue reading Explaining America’s Economic and Social Stability
What Comes Next
From Free Northerner: The Neoreactionary Bargain The current social order is slowly(?) collapsing. The money’s run out, inflation and cheap debt are reaching the limits of their ability to mask insolvency, the natives are growing increasingly restless, low-level guerilla war is rising, and our culture and cohesion are breaking down. What can not last forever,… Continue reading What Comes Next
2016 Predictions
It’s that time of the year again, my predictions for 2016. First, after eight years, the fed did what everyone thought was impossible: they finally raised interest rates, and the market surged. The pundits predicted that the hike would be bearish for equities, but obviously that was not the case as the rate hike was… Continue reading 2016 Predictions
More Correct Predictions (Greece, Facebook, Emerging Markets, Trump)
More Correct Predictions: 1. Most importantly, I was right about Greece being much ado about nothing. The major market indexes have since recovered all their Greece-related losses, as I predicted they would. Greece got thrown another lifeline, kicking the can down the road yet again. 2. Facebook stock keeps making new highs. The Social network… Continue reading More Correct Predictions (Greece, Facebook, Emerging Markets, Trump)