Wall Street Journal (November 23)
“Fear of bursting investment bubbles. Concern the economy is slowing. Pressure on investors to cash in profits. These forces are colliding in markets, leading to the sharpest intraday swings for stocks in months and leaving investors bracing for more.” Already, the S&P 500 is down 3.5% in November.” Not to be outdone, the “Nasdaq composite has slid more than 6%” during the same period.”
Tags: Bubbles, Bursting, Cash, Colliding, Concern, Economy, Fear, Intraday swings, Investment, Investors, Markets, Nasdaq, November, Pressure, Profits, S&P 500, Stocks
Harvard Business Review (October 17)
Artificial intelligence (AI) “is both far-reaching and fragile. Its long-term trajectory points toward redefining industries, reshaping work, and altering the balance of global power. In the near term, geopolitical rivalry combines with deregulatory policy and speculative capital, creating conditions that strongly resemble past bubbles. The lesson of history is not that bubbles render technologies worthless, but that they distort timing and expectations.”
Tags: AI, Bubbles, Deregulatory policy, Far-reaching, Fragile, Geopolitical rivalry, Global power, Redefining industries, Reshaping work, Speculative capital, Timing, Trajectory
The Economist (October 20)
“A big market crash happened 25 years ago this week. The wrong lessons were taken from Black Monday. ” One important lesson went unheeded as both the Internet and real estate bubbles inflated. “Any extended period of rapidly rising prices is an indication of a bubble—and that sadly there is no painless way to clean up the mess after the bubble pops.”
Tags: Black Monday, Bubbles, Internet, Real estate
