The financial institutions in this country and around the world have been operating as unstoppable legions for quite some time. Regulations within the industry took a giant leap backward when the Glass-Steagall Act was repealed in 1998. True colors were exposed in the midst of the current economic crisis where banks boldly demanded public bailout [...]
Continue Reading →Sure, bubbles are fun for the hot second that they’re relevant and making people money. However, the turning point will inevitably come. Remember, what overvalued stock goes up must come down. When a stock or asset is highly overvalued, it will stand to be corrected by the market once the profits have gone dry. Bubbles [...]
