Looks like the blog only started on May 11. No credentials that I can see.
In his first post, he says:
Quote:
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Historically, most asset bubbles begin with an economically rational reason for increasing prices, but then get taken over by speculators taking advantage of momentum, and finally by the masses piling into a particular asset driving up values quickly and beyond any rational valuation. This continues as long as a "greater fool" will always be willing to pay more for the asset.
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Hmmmm, my first year Economics prof pretty much called this crap in '87. I don't think I'll pay too much attention. He appears to be cherry picking examples to support his hypothesis. I'm sure something will happen that he predicted, but like a few hockey blogs we can all name, you make enough predictions, some of them are bound to come true.