One of the big international stories we’ve been following closely at DQYDJ in the last year is the decline in the benchmark China stock market index, the Shanghai Stock Exchange Composite Index. Notably, we exclaimed how closely the index was mirroring the decline in the NASDAQ’s own precipitous fall which from a peak in March of 2000 (and if […]
In our last piece, we discussed how the Shanghai Composite, the most watched stock index in China, was looking a little too similar to something we’ve seen in our (collective, unless you’re 14) lifetime: the collapse of the 2000 NASDAQ Technology Bubble. It was a sloppy first cut – not normalized to anything, and we […]
It’s been a while since we here at Don’t Quit Your Day Job have collaborated with another site to give you some original epic pieces. Today, we rectify that by teaming up with the inimitable ADP at American Debt Project. ADP is one of the good ones – a debt blogger who is actually seeing declining debt. And isn’t that the way the debt genre is supposed to work? (And almost never does?). Follow her progress as she does what so few others do.
ADP came to us with a curious question: Can we use building statistics to see when economies become overheated? Basically, she wanted to know if watching building trends and construction would provide any clues to where an economy is headed. Evidence is slim, but let’s take a look at the numbers and see what we can figure out!