Fed Fuels IPO Folly – Ep 635
Doordash and Airbnb go public with successful IPO, despite never making a profit.
Doordash and Airbnb go public with successful IPO, despite never making a profit.
Stock indexes and gold mining stocks hit 52-week highs. Fed can’t stop the dollar from falling or gold from rising. Bitcoin isn’t gold 2.0, it’s
2021 may be the weakest year yet for the dollar. Investors whistle past the mother of all graveyards as inflation mounts. Grayscale printing money and
Stock market finishes the worst September since 2011. Silver down on the month, but outperforms stock market on the quarter. Stephen Roach speculates 35% collapse
Dollar rallies in the face of stock market fall. Bubble stocks more bubblicious. Monetary stimulus only stimulates inflation. Daymond John wants the government to print
Everything gets slammed. Chart looking weak for the Dow and Russell, strong for silver. Bloom coming off the rose of economic recovery. Political tensions rise
Rough ride for the indexes this week. Fed commits to 0% interest rates until 2023. Neel Kashkari thinks that’s not enough. Air is coming out
Secretary of Treasury is really Secretary of Debt Fed doesn’t think Americans are in enough pain. Education and healthcare are too important for the government
Markets end week on a mixed note. Gold consolidating support above previous highs. Fed has come out of the closet. Alan Greenspan sounds more like
NASDAQ has a full blown correction. TSLA is the poster child of the stock market craziness. Slack is not an investment. Air coming out of