Say what? It’s my suspicion that many, if not most, EVA readers have heard the term secular stagnation without quite fathoming what it means. It could be that the comprehension problem lies in that highfalutin word “secular”.
Back in early September, we ran a fascinating interview with Rick Davidson, former CEO and President of Century 21. In the exchange, Rick hinted at the beginnings of a real estate slowdown in the US, anticipating coastal markets would see the tide shifting first, before a more broad-based tightening took hold. Since then, ominous headlines have made waves in national publications, echoing and expanding on this outlook (you can find a particularly popular one in The Wall Street Journal).
How soon we forget. George Santayana long ago wrote these immortal words: “Those who cannot learn from the past are doomed to repeat it”. However, a more recent thinker took his observation one step further by wryly observing (with a little paraphrasing by yours truly): “And the rest of us are doomed to suffer along with them”.
In this week’s Guest EVA, we’ve got two of the financial world’s heaviest heavyweights weighing in on one of the weightiest investment questions: Is the Stock Market Overvalued?
The main buzzwords in today’s tech space are IoT (Internet of Things), Big Data, Cyber Security, Cloud Computing, Blockchain, and AI (Artificial Intelligence). While some of these terms might be unfamiliar to our readers, the various applications of these business opportunities in today’s connected world are nearly limitless. This has led to an influx of investment and interest in all of the aforementioned spaces – by individuals, Venture Capitalists (VCs), corporations, and governments alike.