{"id":38894,"date":"2018-10-08T19:21:16","date_gmt":"2018-10-09T00:21:16","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38894"},"modified":"2018-10-08T19:21:16","modified_gmt":"2018-10-09T00:21:16","slug":"the-crash-is-coming","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38894","title":{"rendered":"The crash is coming"},"content":{"rendered":"<div class=\"content-header\">\n<h3 class=\"content-header__title\"><a href=\"https:\/\/www.fuw.ch\/article\/the-crash-is-coming\/\">The crash is coming<\/a><\/h3>\n<p class=\"content-header__lead\">Fred Hickey, editor of the influential investment newsletter \u00abThe High-Tech Strategist\u00bb, compares today\u2019s state of the stock market with the peak of the dotcom bubble in the year 2000 and spots bright opportunities in the gold sector.<\/p>\n<\/div>\n<div class=\"content-body stickySidebarReference\">\n<ul class=\"gallery \">\n<li class=\"rsTextSlide\"><img decoding=\"async\" class=\"gallery__image\" src=\"https:\/\/www.fuw.ch\/wp-content\/uploads\/2018\/09\/charlotte-wilson-getty-images-s-640x360.jpg\" alt=\"\" \/>\n<div class=\"gallery__signature\"><span class=\"byline\">(Bild: Charlotte Wilson\/Getty Images)<\/span><\/div>\n<\/li>\n<\/ul>\n<div class=\"content-body__text-area content-body__text-area--wide\">\n<div class=\"content-body__text\">\n<p>Few investors have a deeper understanding of the tech sector than Fred Hickey. All the more concerning is his warning when it comes to the outlook for US equities. The renowned editor of the popular investment newsletter \u00abThe High-Tech Strategist\u00bb draws alarming parallels to the bursting of the dotcom bubble in the year 2000 and spots high risks in stock market darlings like Amazon <span class=\"article-stockprice-wrapper\">(<span class=\"article-stockprice-symbol\"><a href=\"https:\/\/marktdaten.fuw.ch\/detail\/stocks?ID_NOTATION=252992\" target=\"_blank\" rel=\"noopener\">AMZN<\/a><\/span> <span class=\"article-stockprice-instrument_price\">1864.42<\/span> <span class=\"article-stockprice-red\">-1.34%<\/span>)<\/span> and Apple <span class=\"article-stockprice-wrapper\">(<span class=\"article-stockprice-symbol\"><a href=\"https:\/\/marktdaten.fuw.ch\/detail\/stocks?ID_NOTATION=253929\" target=\"_blank\" rel=\"noopener\">AAPL<\/a><\/span> <span class=\"article-stockprice-instrument_price\">223.77<\/span> <span class=\"article-stockprice-red\">-0.23%<\/span>)<\/span>. For the industry veteran, one important reason to be concerned are rich valuations. He also sees troubles ahead with respect to the rise in interest rates and the growing mountain of debt around the world. Against this background, the outspoken contrarian sees bright opportunities in gold and in attractively priced mining stocks.<\/p>\n<aside class=\"infobox infobox--right info_1\">\n<h5 class=\"infobox__title\">About Fred Hickey<\/h5>\n<p class=\"infobox__text\">For many investors around the world, Fred Hickey\u2019s monthly newsletter is a must read. It\u2019s a unique treasure of deep knowledge that goes way beyond the tech sector. Having grown up in Lowell, Massachusetts, in the heartland of the computing cluster around Route 128, Mr. Hickey has been fascinated by technology since his youth. After graduating from the University of Notre Dame, he started working for the former telecom giant General Telephone &amp; Electronics. In 1987, he began writing his newsletter for his friends and family. After just five years it went so well that he could make a living out of his investing tips. Today, Mr. Hickey who likes to take long walks in his rare spare time, lives far away from Wall Street in Nashua, New Hampshire, and in sunny Costa Rica.<\/p>\n<p><img decoding=\"async\" class=\"infobox__image\" src=\"https:\/\/www.fuw.ch\/wp-content\/uploads\/2018\/09\/zvg1-i.jpg\" alt=\"\" \/><\/aside>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crash is coming Fred Hickey, editor of the influential investment newsletter \u00abThe High-Tech Strategist\u00bb, compares today\u2019s state of the stock market with the peak of the dotcom bubble in the year 2000 and spots bright opportunities in the gold sector. (Bild: Charlotte Wilson\/Getty Images) Few investors have a deeper understanding of the tech sector [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[15750,17470,18725,500,501],"class_list":["post-38894","post","type-post","status-publish","format-standard","hentry","category-economics","tag-christoph-gisiger","tag-finanz-und-wirtschaft","tag-fred-hickey","tag-market-collapse","tag-market-crash"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38894"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38894\/revisions"}],"predecessor-version":[{"id":38895,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38894\/revisions\/38895"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}