Welcome to the America's Bubble Economy website. What is America’s Bubble Economy? It’s an unusual set of simultaneous, linked financial bubbles that helped create the prosperity of the last 25 years and is now keeping our economy afloat. Reasonable people needn’t be blinded by wishful thinking nor consumed by doom and gloom. Smart, reasonable people can come to their own reasonable conclusions and prepare now to be among the wise few who will capitalize on what others initially miss. Here at the America's Bubble Economy website you can write your own book review, discuss the book with others, follow a blog written by the authors.

In the book America’s Bubble Economy we promised you important updates on our web site. This is not a specific market update. Rather it is an update on an economic event that will effect all markets—stock, housing and the dollar. This update involves the much discussed sub-prime mortgage meltdown and our take on […]

In the book, we promised that we would post important updates on the popping of bubbles on our web site.  In terms of the stock market bubble, it is increasingly apparent that we may have hit a peak in the market and not just a temporary pullback.  Three key indicators are clearly evident:

Much more negative […]

When I read various analyses of the housing market, the discussion often focuses on the idea that the current housing problem is just a matter of excess supply of both new and used homes that will just have to be worked off. At that point, prices will turn around.  Of course, this analysis doesn’t ask […]

It seems so simple and almost not worth repeating, but it is so important to understanding what is going on in the current economy.  And, it is something that almost all economic and financial observers are missing. 

The housing, stock and dollar markets really are bubbles and to truly understand how these markets will evolve in […]

If  I was to sum up the mantra of the last 25 years of investing, that would be it. 
The idea is that as long as you do what everybody else is doing, invest in the stock market when everybody else is, invest in real estate when everybody else is, make investments that everybody feels […]

Market analysts are very good at predicting how companies and markets will perform if not much change happens.  They are also good at predicting very short term movements.  If a company announces that it sees its earnings falling in the next quarter, analysts will take note and downgrade the stock.  However, if a company or […]