New Low Observer
91K posts

New Low Observer
@NewLowObserver
Dow Theory, Price, & Research Specialists. We're touching the financial & economic third rail, so you don't have to. 皆さんがそうしなくてもいいように、私たちは金融と経済の第三レールに触れています。




The Crisis of 1920 "The change in rates was significant not in itself but because it indicated a change in federal reserve policy." "The cataclysm came - and with it the adjustment of costs to selling prices instead of selling prices to costs." Pandemics are consistent.


June 1930: The Florida Bank Failures "Following the collapse of the boom when Miami was overcrowded with a population which had been living off the real estate business, there were many who continued to live there on borrowed money and on credit whose income had stopped..."


1922-1927: Florida Total New Construction The Florida Land Bubble really peaked in 1925. It was the "small cap" regions that finally peaked in 1926. From 1925 peak: Miami: -87% Tampa: -79% St. Petersburg: -90%



Saudi Aramco CEO Amin Nasser: “We should abandon the fantasy of phasing out oil and gas” #CERAWeek #OOTT




















