The End of the Everything Bubble : Why 75 trillion dollars of investor wealth is in mortal jeopardy / Alasdair Nairn.

Format:

Book

Author/Creator:

Nairn, Alasdair G. M., author.

Language:

English

Subjects (All):

Speculation--History--21st century.

Speculation.

Investments--History--21st century.

Investments.

Financial crises--Forecasting.

Financial crises.

Physical Description:

1 online resource (117 pages)

Edition:

First edition.

Place of Publication:

Petersfield, Hampshire, England : Harriman House Ltd, [2021]

Summary:

There are crashes and then there are Crashes. But what turns an ordinary downturn into an era-defining crisis? What makes the difference between an event like the Wall Street Crash of 1929 and a brief bear market?The answer lies in financial exuberance: speculative mania that appears to be making everyone rich, only to end up making everyone much, much worse off.Historian and professional investor Alasdair Nairn predicted both the dotcom and subprime collapses, and in this compelling new book shares the evidence that we are living through such a period of deadly excess right now.Markets appear to be going up and up, but they have got perilously ahead of themselves. Danger lies in every single investable asset class. What some have called the 'Everything Bubble' has inflated to unprecedented proportions.And now the bubble is about to burst.Nairn lays bare the level of danger with unprecedented detail and pieces together the steps that brought us to the precipice. Lastly, he points out options open to those willing to act now to avoid future harm to their wealth.As we near the end of the Everything Bubble, don't be one of those caught out!

Contents:

Intro

Contents

About the Author

Preface

1. Exceptional Times

Not a new phenomenon

The heart of the problem

Wider systemic factors

2. Richly Valued Markets

The future for bonds

3. Risks and Speculation

Negative consequences

The risks in asset prices

Leverage and risk-taking

Meme stocks

Special Purpose Acquisition Companies (SPACs)

Cryptocurrencies

Non-fungible tokens (NFTs)

Nothing new under the sun

4. Why Change is Coming

Is this a new era?

Official forecasts not reliable

Too rosy a picture?

Government intervention moving centre stage

Politically viable taxes

5. Is Economic Growth the Answer?

Demographics

Trade

Migration

Productivity

The future for growth

6. Future Market Scenarios

7. The Past as a Guide to the Future

Bonds: how the frog was boiled

Equities: the cult of the equity is born

A Rocky Road Ahead

Be prepared!

Acknowledgements

Publishing details.

Notes:

Description based on print version record.

ISBN:

0-85719-965-X