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Daily Archives: June 8, 2020
Déjà vu: Extremely valued tech companies propping up stock markets
In the spring of 2000, as now, there was a widespread belief (we remember well, we were there) that the leading tech companies would be impervious to recessionary strife in their customers, the wider economy and financial markets. See The … Continue reading
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60 Minutes Australia: Rethinking the housing dream
Massive consumer debt bubbles and policies that have encouraged real estate speculation have brought Canada and Australia to a similar tipping point as two of the most over-valued property markets in the world relative to rents and income. When households … Continue reading
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