How Close Is The Next Financial Crisis?
During the past fourteen months since Trump took office, financial asset market bubbles accelerated to record levels in 2025—i.e. S&P 500 and Nasdaq stock markets, bitcoin cryptocurrency market, and gold and silver markets. In early February 2026 these markets abruptly contracted, briefly recovered some, but then resumed decline once again.
The key question debated today in corner offices, board rooms and hallways of finance capitalist institutions is whether the financial bubbles can continue growing much longer. If not, what’s next?
After the abrupt and steep corrections will financial asset prices recover or are the February 2026 contractions a harbinger of more, and perhaps even larger, financial asset price declines to come?