How frequent are price bubbles?
Original Report
We examine the historical frequency of stock market booms, crashes, and bubbles in the United States from 1792 to 2024 using aggregate market data and industry-level portfolios. We define a bubble as...
We examine the historical frequency of stock market booms, crashes, and bubbles in the United States from 1792 to 2024 using aggregate market data and industry-level portfolios. We define a bubble as a large boom followed by a crash that reverses the market’s prior gains. Bubbles are extremely rare. We extend the industry-level analysis of […] The post How frequent are price bubbles? appeared first on Marginal REVOLUTION.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%
Oracle delivered fast cloud growth, across applications in infrastructure.
10-year Treasury yield trades below key level after a drop in oil prices eases inflation fears
Treasury yields were edging up Tuesday, but traded below levels seen Monday when inflation fears tied to oil’s surge were rising.
Iran war: Israel's president Herzog calls 'cost' for business the price for Middle East peace
Israeli President Isaac Herzog said the war against Iran is enabling people there "to rise up" against its repressive ruling regime.
S&P 500 ends volatile day slightly lower as Iran conflict keeps traders on edge: Live updates
Stocks reversed course from their lows Monday and closed higher across the board after Trump gave signs that an end may be in sight for the U.S.-Iran war.