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Posts Tagged ‘bubble’

Is Gold – Or Fiat Currency – In a Bubble?

It is easy to argue that gold is in a bubble.But as I pointed out last month:Deutsche Bank’s head commodities researcher [Michael Lewis] wrote in September:Gold prices would need to surpass USD 1,455/oz to be considered extreme in real terms and hit …

Internet start-ups: Another bubble?

Some tech start-ups look over-valued

Correction to this article

“I CAN’T decide what I like poking more: you, or these bubbles,” says bubble-blowing Kim Kardashian, a reality-TV star, in a new application for Facebook (see right). Cameo Stars, the company responsible for this innovation, lets Facebookers send to their online friends clips of minor celebrities mouthing generic greetings. Besides enriching the world’s culture, the firm may also make a fortune. But gloomy types wonder if the profusion of highly valued internet start-ups with lighter-than-air business plans is evidence of a different kind of bubble. …

Is Gold In a Bubble … And If So, How Much Further Can It Rise Before It Pops?

When everyone from Jim Cramer to Mr. T is hawking gold – and when the price has risen to all-time highs – it sure feels like a bubble.On the other hand, the super rich – who presumably know a thing or two about investing – are buying gold by the ton.D…

Personal urban transport: The bubble car is back

Cheap, small and simple—an idea from the 1950s bubbles up again

MANY car designers are convinced that a radical change in automobile technology is going to be needed for the crowded megacities of the future. By 2030 more than 60% of the world’s population is expected to be living in cities, up from 50% now, and more of them will be able to afford cars. The need to reduce emissions, an acute scarcity of land for roads and parking, and the prospect of laws restricting conventional cars all point to the idea that different and smaller types of vehicle will be in demand. With that in mind, some of those designers are coming up with things that look a lot like a vehicle that was familiar more than 50 years ago. Welcome to the return of the bubble car.

Bubble cars were built to provide cheap personal transport. Most were two-seaters with just three wheels. They became particularly popular when fuel prices shot up in 1956, during the Suez crisis. One of the first was the Italian-made Iso Isetta. Germany was a prolific builder, too. Messerschmitt and Heinkel, forbidden to ply their former trade of building military aircraft, turned to bubble cars as a peacetime alternative. BMW, meanwhile, re-engineered the Isetta to use an engine from one of its motorcycles. …

Singapore sees danger of property bubble forming: Update

Singapore’s government sees a danger of a property bubble forming and recent measures to cool speculation were designed to pre-empt this.

The real estate market has become “a little exuberant of late,” Mah Bow Tan, the island’s national development minister, said in parliament today. The government on Aug. 30 increased down payments for second mortgages and imposed a stamp duty on property held for less than three years.

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Singapore sees danger of property bubble forming, minister says

Singapore’s government sees danger of a property bubble forming and recent measures to cool speculation in the sector were designed to pre-empt it, Mah Bow Tan, the island-state’s national development minister, said in parliament today.
 
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Mah says property market was heading for a bubble

Singapore’s property market would form a bubble if the current momentum continued, Mah Bow Tan, Minister of National Development, said in Singapore today.

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Moderate risk of property bubble in Asia, says Moody’s

The risk of a property bubble forming in Asia is moderate despite rising real estate prices, credit ratings firm Moody’s Corp. (MCO) said Tuesday, according to AFP.

Government actions to cool down the market appear to be working, said Deborah Schuler, a senior vice president at Moody’s who overseas ratings in Asia, the Middle East and Africa.

“At the moment, we think asset bubbles are confined to the property sector and it’s still only a moderate risk,” she said after a news briefing in Singapore.

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Singapore developers up; no property bubble yet: Credit Suisse

Shares of Singapore developers holding up despite government’s move to substantially increase residential land supply in 2H10, according to Dow Jones.

Performance suggests investors already anticipating measures following 25% on-month jump in April new home sales to 2,207 units, highest since July 2009. FTSE ST Real Estate Holding & Development Index +2.1%.

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When Will China’s Bubble Burst?

As Bloomberg notes, Marc Faber thinks China may crash in 9 to 12 months, and hedge fund manager Jim Chanos and Harvard University’s Kenneth Rogoff are also warning of a crash.Nouriel Roubini told Bloomberg: In China, where property prices rose a…

No Wonder the Eurozone is Imploding

You might assume that the reason for the implosion in the Eurozone is a mystery. But it’s not.There Wouldn’t Be a Crisis Among Nations If Banks’ Toxic Gambling Debts Hadn’t Been Assumed by the World’s Central BanksThere wouldn’t be a crisis among natio…

Regulators and Industry Insiders KNEW We Were in a Housing Bubble

Greenspan and many other bankers, regulators and industry insiders say that “no one could have known” that we were in a housing bubble.For example, Greenspan:Stood by his conviction that little could be done to identify a bubble before it burst, much l…

From the Bubble to the Burst: A Look Back at 25 Years of Dotcom

In 1985, the domain name .com came into existence, helping to define the modern Internet. Within two years of the registration of the first Internet domain name, major tech corporations such as Intel (Intel.com), Xerox (xerox.com), and Apple (apple.com), along with a host of smaller outfits, had all begun to make their mark on the World Wide Web. Their presence helped give birth to everything from search engines (Google, etc.) to social networks (Facebook, etc.) to a wide variety of online services in the commercial, altruistic, and just-plain-weird realms or sometimes all three at once (were looking at you, Craigslist). The following Websites represent some of the biggest successes, along with some of the most spectacular failures, of the past 25 years. For millions of users, some of these Websites will seem like old and long-gone friends; others continue to dominate the Internet to this day.
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Bubble trouble?

China is set to overtake Japan in the world economic rankings

NEXT year China will overtake Japan to become the world’s second-largest economy. Its rapid ascent has led some to question whether China will follow in Japan’s footsteps, with the bursting of a massive bubble followed by years of decline. But China is still far poorer than Japan was at its peak, and thus has more room to improve productivity. A transition of surplus labour from agriculture to industry and services would increase efficiency and bring its economy more in line with the developed world. And China’s stimulus package has produced much needed infrastructure that will reinforce future growth. But in the long run, a shift away from investment and exports towards domestic consumption would make China’s output more sustainable, and help it to avoid experiencing a bubble like Japan’s.

Shiller: “Look up ‘Bubble’ in an Economic Textbook and It’s Not There. [People] are Living in a ‘Pretend-and-Extend’ Environment”

Robert J. Shiller is one of the most prominent American economists and is one of the 100 most prominent economists in the world.Shiller recently confirmed two points that alternative financial writers have been making for years:(1) Mainstream economis…

Drivin’ n’ Cryin’: The Great American Bubble Factory

By: Brian Gearing

The Southern Gothic is alive and well in five-bedroom McMansions, as well as glued-shut doublewides, and though it’s been a while since Athens, GA vets Drivin’ n’ Cryin’ contributed a verse to the great Dixie mythology, The Great American Bubble Factory puts them right back where they were 15 years ago. In the heart of every suburban Southerner lives a lonely teenager with fifteen bucks and a suitcase standing on an empty dirt road, and Drivin’ n’ Cryin’s eighth release sings his song as loud and proud as anything they’ve ever released.

If they’re a little rusty since their 1997 self-titled release, “Detroit Rock City” shakes off the cobwebs and reveals a band more cocksure and earnestly young-at-heart than ever, finding salvation from their lonely roadside desperation in the Stooges and the MC5. “Pick up a guitar. It’s the American way,” wails Kevn Kinney on “I Stand Tall,” an homage to the rock and roll dreams that sustain us through the misery of the landlocked adolescence of “Midwestern Blues,” which showcases the band’s Byrds-y southern pop sound. “Don’t You Know That I Know That You Know” and “Let Me Down” also extend the sound of Kinney’s ten-year East Village songwriter hiatus, but aside from “Preapproved, Predenied,” which turns a kitschy phrase into a clever folk tune, they flip folk on its head and save it for the electric guitars.

Much like Sun-Tangled Angel Revival, Kinney’s most recent solo album, Bubble Factory surveys American life, and on the title track, over soaring guitars and punchy horns, asks as common-sensically as Godfather Guthrie might have, “If you can make it here, why don’t you make it here?” The answer is all too clear, and the sweet nostalgia of “I See Georgia” (which could easily reference several DnC’s “classics”) is tempered by the bitter realization that those Great American Factories may never open again. Ten years later, Drivin’ n’ Cryin’ finds the only thing left to do is rock, and with scorchers like “Get Around Kid” and “Trainwreck,” prove that that may be the one job left that corporate America can’t send overseas.

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Citi Takes Billions in Taxpayer Bailout Money, Then Focuses on Lending to Those Who Don’t Really Need Loans

The Wall Street Journal reports:Executives at the New York company plan to narrow the focus of Citigroup’s U.S. branch network to six major metropolitan areas, according to people familiar with the situation. Citigroup also will limit its overall consu…

Daryl Guppy: Retreat, not a rout

THE MARKET RETREAT to test the 3,000 support level was expected. The rapid rebound was unexpected. The concern in recent weeks has been the increasing separation between the short-term Guppy Multiple Moving Average (GMMA) and the long-term one. Prior to the rapid retreat on July 29, this separation has expanded to 126 points. This is double the degree of separation that defined the early stable trend development from March to June. This is not a separation of bubble proportions, but the increase clearly warned of a retreat to restore stability to the trend. The rebound rally can be seen in the context of bubble behaviour.

The Edge: Government won’t allow a property bubble

After weeks of quietly watching property prices and private property sales burgeon, the government has made its stand fairly clear. It will not tolerate a property bubble this time around. Certainly, it won’t allow local property prices to get out of hands.