Showing posts with label 1929. Show all posts
Showing posts with label 1929. Show all posts

Saturday, 23 July 2022

Are We Having 1929 Again? -Warren Buffett


Warren Buffett explains the 1929 market crash and shares his thoughts on how to deal with events of today.

Warren E. Buffett is an American investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.

Tuesday, 24 March 2015

Data Agency Warns of Next Potential Systemic Shock


From American Banker –

“The U.S. financial system may be on the verge of another systemic crash, according to a provocative new report issued this week by the Office of Financial Research.

The report posited that certain stock market conditions resemble the climate just before crises hit in 1929, 2000 and 2007. While some metrics like price-to-earnings ratio are within normal bounds, other indicators suggest that markets are overvalued and headed for a correction for which the financial system may not be adequately prepared.”

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