History suggests money will more likely be made in sectors and stocks that were not caught up in the bubble of the past decade. Read more.
Then inflation suddenly returned after a long absence, and interest rates rose sharply. The bubble popped late last year, and we have just witnessed the first echo.
These are classic echo bubbles. Investors refuse to give up on ideas that recently made them a lot of money and so they keep piling back in. The echoes gradually fade away, until serial disappointments kill the faith. Typically, prices more than doubled in the final 12 months of the bubble before the peak, accompanied by other signs of mania, such as frenzied trading and nosebleed valuations.
On the way down, though, the long fall in the 10 historic bubbles was interrupted by as many as four echo bubbles — surges of at least 20 per cent. On average, the largest echo following each bubble was a 30 per cent price increase and lasted barely three months before giving up all the gains.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
A culinary history lessonCelebrity chef Chris Williams chats about the contributions of Black Americans to traditional American cuisine.
Lire la suite »
Frederick, Pighin, Bryan receive history awardsFrederick and Pighin were chosen for the service award for their individual, and sometimes combined, contributions to preserving and promoting local history, particularly Dakelh, the Carrier language.
Lire la suite »
Terrence Floyd, brother of late George Floyd, makes keynote address at Ottawa's Black History GalaThe brother of the late George Floyd marked his first visit to the nation's capital with a keynote address at Ottawa’s Black History Gala.
Lire la suite »
Today in Canada’s Political History: Sir John A. describes Canada’s beauty | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Lire la suite »
LETTER: Nova Scotians who left a legacy remembered during African History Month | SaltWireAlyce Feindel is a cookbook and children’s book author living in Halifax, who is now writing her memoirs and tales of her early life in a small town. She ...
Lire la suite »