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Michael Snyder: “A Reset of the Global Economy is Definitely Here”

11 April 2025 at 14:00
by Michael Snyder | End of the American Dream Over the past few years, there has been a tremendous amount of buzz about an imminent “reset” of the global economy.  Well, what we are currently witnessing may not look like what they were anticipating, but a “reset” of the global economy is definitely here.  Trillions of dollars were invested to set up the global supply chains that we have today.  I have always argued that we should have never allowed ourselves to become so dependent on goods that are made elsewhere, and making more things in this country is a […]

The IPOs of SpaceX, OpenAI and Anthropic threaten to drive Wall Street to bubble-like levels

28 May 2026 at 12:51

Stock markets continue to perform strongly despite the mounting risks. Neither the war in the Middle East, nor the resurgence of inflationary pressures, nor fears of an economic slowdown have managed to slow down the equity market. However, beneath this apparent strength there lies an increasingly evident fragility: the growing concentration of the market. The bulk of the gains rests on an increasingly limited number of stocks, and the trend is particularly evident in the U.S. According to Goldman Sachs, 85% of the S&P 500’s gains so far in 2026 (10%) come from technology. Excluding the sector, the advance drops to 3%.

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A SpaceX Falcon Heavy lifting off from Cape Cañaveral in Florida.
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