This recent video interview with Peter Bernstein is worthwhile. Bernstein is one of the few market historians and scholars alive today who can offer the longevity of personal perspective on how recent developments compare with prior crisis periods.
Bernstein's perspective was of comfort to me in the past couple of years as the credit party raged on. I had never seen madness like recent years in my life time before. I found Peter's 8 decades of real life experience to be a great resource.
Follow
_________________________
Cory’s Chart Corner
Load MoreNot sure why this is so shocking to folks...the data is all around us. h/t @FroehlichThors1
Thorsten Froehlich @FroehlichThors1I mean - guys - this is real
since 1 April 2021, post COVID
(1) Savings rate dropped 90%
(2) Credit card balances up 28%
(3) # of credit cards up 62% (more credit cards / capita)_________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
This Month
Archives
Log In
