Bubble Dynamics and Market Crashes
To paraphrase one of the great gems of Wall Street wisdom, “Nothing infuriates a man more than the sight of other people making money.”
The greatest fear today: the lack of fear
Market crashes often happen not when everyone is worried about them, but when no one is worried about them.
3D printer stocks aren’t finished yet
The Dow Jones Industrial Average is running circles around the S&P 500 and Nasdaq Composite this week. The Big Board was up as much as 200 points yesterday thanks to key earnings beats from Caterpillar (NYSE:CAT) and 3M (NYSE:MMM).