Accurately predicting the next crash is impossible

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The story "Accurately predicting the next crash is impossible" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 2w ago

Accurately predicting the next crash is impossible - Financial Times

Quick Summary:

This might follow a spell of inflation inspired by Trumpian economic policies that raised asset prices further.

Gradualism also extends the period over which compounding equity returns recoup losses made during crashes.

Minsky, a shy US economist, elaborated on Keynes to theorise that capitalist economies move from stable to unstable conditions driven by speculative leverage.