BLOG: The stock market bubble starts to burst
LONDON (ICIS)–Click here to see the latest blog post on Chemicals & The Economy by Paul Hodges, which looks at how central banks have been “happily creating bubbles” in the stock market by printing money at lower interest rates over the past 20 years.
“Finally, now, it looks as they have run out of air – and the Nasdaq bubble is already starting to burst,” says the author.
Editor’s note: This blog post is an opinion piece. The views expressed are those of the author and do not necessarily represent those of ICIS. Paul Hodges is the chairman of consultants International eChem.