Sky-High Stock Values Falling Back to Earth

Sky-High Stock Values Falling Back to Earth
The U.S. Federal Reserve building in Washington on March 19, 2021. Daniel Slim/AFP via Getty Images
|Updated:
Commentary

The one sort of inflation that’s certainly not here to stay is high stock prices. Huge stock swings are indications that the “sky’s the limit” stock market is nosediving back to Earth. It had to happen sooner or later, and global volatility and recession are leading the downward trend.

James Gorrie
James Gorrie
Author
James R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.
twitter
Related Topics