ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
May 21, 2021 | Taiwan Stock Market Took A Hit, Others To Follow?
Bob Hoye
Bob Hoye has been in investment business for some 50 years, making him one of the more experienced researchers. His historical work has been thorough providing the first recognition of the fascinating transition from speculation in commodities to speculation in financial assets. It was controversial when Bob observed that “No matter how much the Fed prints, stocks will outperform commodities”. In January 2000, the research team concluded that the Dot-Com Bubble would peak in March 2000. In early 2007, the team outlined that the credit markets would reverse in May-June 2007. They did and the stock market followed. The latest was the call in early October for the Bitcoin Bubble to complete in December. Bob’s essays and speeches on political change and on actual climate change have been widely circulated.
Gold Silver Ratio, Margin Calls, Real Estate Bubble
Listen to Podcast:
STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Bob Hoye Archives May 21st, 2021
Posted In: HoweStreet.com Radio
Previous: « NYC in Crash Mode?
Next: More Stress »
Hello Jim, hello Bob. Jim, that was another great line-up this week, as is every week, and all your commentators and interview guests seem to collectively cover all of the macro issues. My question for Bob. Almost everyone attributes the everything bubble as being due to Fed intervention. However, the Fed is just buying bonds. Speculators readily assume that the Fed “has their back” and thus they bid up prices. Bob, is this a false assumption which will come back to bit them? Could the big banks really be responsible for the bubble because they are “easy” with margin debt?
I look forward to these weekly Friday interviews and I can only say, just like in the 1934 Cole Porter song, “You’re the Top”. Speaking of “Tops”, it seems like Bitcoin has really, really topped. Bob, will this follow the December 2017 scenario in which Bitcoin tops and then it is followed by an equity market top 30 days later? Also, can we infer from this when an an interim top in the PM sector will arrive?
Hi Bob:
I’ve heard some market commentators say that QE is disinflationary. Is this correct?
How does QE work and will it ultimately create significant deflation??
Its my understanding that buying up bonds helps drive down interest rates, but doesn’t all the bonds they’ve bought send money into the economy? Would that not be inflationary?
Thanks.