They indicate “an inflection point,” as they did in 2008 and 2011. Even relentlessly exuberant VCs are warning.
What’s left is a toxic mix: dropping sales, still rising prices, ballooning inventories.
In the past, they were early, but they were right.
The inevitable end of the dollar’s hegemony has consequences.
Obscured by stock market hoopla, and under the leadership of our fearless Treasury Secretary Jack Lew, the G-20 finance honchos fret about faltering global growth.
This is not to say that it won’t go on longer or won’t get wilder. There are already people with lampshades on their heads. And girls are dancing on the tables.
Even venture capital is worried. ‘The crazier things get, the worse people execute’
LBO volume plunges to the lowest level since crisis year 2009.
Not everyone is irrationally exuberant.
The price of market manipulation keeps dropping.