… belief that “this time is different!” and “we are in a new paradigm!” is one of the classic hallmarks of economic bubbles.
Source: Beware Of The “Permanently High Plateau” Fallacy
Archive for May 9th, 2019
Beware Of The “Permanently High Plateau” Fallacy
09
May
How Trump’s Attacks On Powell Led To Collapse Of China Trade Talks
09
May
“Why would you be constantly asking the Fed to lower rates if your economy is not turning week?”
Source: How Trump’s Attacks On Powell Led To Collapse Of China Trade Talks