Rick Ackerman
Articles by Rick Ackerman
With home prices pumped to record levels, we are hearing more and more about Uncle Sam's plan to avoid sticking it to taxpayers when the next crash hits. Although it's always wise to have a plan to deal with catastrophe, especially one...
We went out on a limb here last week with speculation that, just maybe, the bull market was topping. Alas, Friday ended with a short-covering orgy that bloodied bears and left the boldest of them festooned on the ropes. My hunch had been...
Headline writers hyperventilated last week over the prospect of higher capital gains taxes while the stock market took it in stride. Biden wants to double the levy on long-term investments to 39.6%, ending a felicitous run at 20% that was...
Bitcoin mania hit an air pocket on Sunday with a so-far $11,500 plunge from last week's record-high $64,858. Groping for an explanation, Bloomberg and other mainstream sources attributed the drop to speculation that the U.S. Treasury...
The inflation trade is struggling for loft, a potential victim of its own, wild popularity. "We don’t have strong reflation-trade momentum at the moment because people are waiting for more data," said Daniel Tenengauzer,...
The technological wizardry that has given us smart phones, desktop computers, electric cars and flat-screen TVs has masked a pernicious decline in America’s standard of living since the 1950s. One area where this is painfully obvious...
I've avoided the pandemic, politics and economic doomsday as topics recently because there's only so much one can say about them. This is especially true of the coming bear market. Coming exactly when, you might ask? Of...
No one said it would be easy to get short at the top. This bull market is proving especially challenging to fade because the herd knows how grotesquely overvalued stocks are. With so many traders eager to bet the 'don't' line, the broad...
The global credit-blowout has stoked fears of a money-printing catastrophe like the one that wrecked Germany's economy a hundred years ago, planting the seeds of World War II. However, even a cursory look at the Weimar hyperinflation...
A little more than two decades ago, amidst the wild excesses of the dot-com boom, I wrote what turned out to be an epitaph for those heady times in the The San Francisco Examiner. It bore the headline Monsters from the Id...
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