Mises Wire

Evidence of Stock Market Top?

Tech, Biotech, and Social Media stocks have been seeing much higher stock prices while the overall stock market attempts to set a new high. Companies like Facebook and Apple are building lavish new corporate headquarters, while Google's plans have been denied by the Mountain View city council. Such building behavior is often associated with "tops" in stock markets so we could be looking at a "correction" in stocks (down 20%) six months or so from now.

All Rights Reserved ©
Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute