Jesse Colombo

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Jesse Colombo
Born December 7, 1985 (age 28)
Marseille, France
Residence Long Island, NY, U.S.
Alma mater Stony Brook University
Occupation Economic Analyst, Private Investor, Activist, Columnist

Jesse Colombo (born December 7, 1985) is a French-born American independent economic analyst, investor and Forbes columnist who has worked as an anti-economic bubble activist since 2004.

In October 2008, at age 22, Jesse was recognized by The Times of London for predicting and warning about the U.S. housing and credit bubble starting in early 2004, and how it would lead to a serious financial crisis, including a stock market crash, when it popped.[1]


Colombo was born in Marseille, France, to a French father and an American mother, and was raised in the United States, on Long Island, New York.[2] He attended Hauppauge High School, and developed an interest in finance, economics and investing at age 15, when he used his savings to buy and sell his first stock. He spent the rest of his high school years investing and self-educating in finance and economics. In 2003, he graduated high school a year early to continue his self-education.[2]

Colombo graduated with a B.S. in finance, accounting, and economics from Stony Brook University in 2008.[2]

Anti-Economic Bubble Activism: 2004 to 2008[edit]

In 2003, Colombo noticed the U.S. housing and credit bubble developing, and began building a website called "Stock Market Crash!" to publicize his predictions.[2] In early 2004, "Stock Market Crash!" launched. On the website, Colombo wrote and blogged about the U.S. housing bubble, and made a case for why its popping would lead to a very severe economic crisis.

Colombo remained anonymous while he ran "Stock Market Crash!", because he did not want his young age (he was 18 years old in 2004) to dissuade his readers from considering his ideas - a fact that he would later regret after his predictions came true in 2008.[2] When the U.S. housing bubble began to attract the attention of the media in mid-2005, a Los Angeles Times report stated that Jesse's "Stock Market Crash!" website was one of the world's four most highly trafficked housing bubble-related websites.[3] When the U.S. housing and credit bubble popped in 2008, leading to the Global Financial Crisis, The Times featured Jesse in a list of "Ten People Who Predicted The Financial Meltdown", along with economists Nouriel Roubini and Stephen S. Roach.[1]

Jesse has merged the "Stock Market Crash!" website into his latest website, after converting it into a resource that is devoted to educating the public about historic financial crises. Nobel Prize-winning economist Paul Krugman cited Jesse's 1987 stock market crash report in a May 2013 op-ed in the New York Times.[4]

Anti-Economic Bubble Activism: 2011 to Present[edit]

Jesse took a hiatus from blogging and anti-economic bubble activism after the U.S. housing bubble popped in 2008, and focused on a career as a private investor and consultant.

In June 2011, Jesse launched his second anti-economic bubble activism campaign to warn of post-2009 economic bubbles.[2] Jesse coined a popular neologism called "Bubblecovery" or bubble-driven economic recovery, which has been listed in the Financial Times Lexicon dictionary [5] and etymologist Barry Popik's dictionary of neologisms.[6] Jesse believes that the post-2009 economic recovery is actually a "bubblecovery" that is driven by growing economic bubbles in China, emerging markets, Canada, Australia, commodities, U.S. higher education and student loans, the U.S. healthcare sector, and Web 2.0 companies and startups, which will cause the next major economic crisis when they pop. Jesse also considers the 2003-2007 economic recovery from the Early 2000s recession to have been a "bubblecovery" that was driven by the U.S. housing and credit bubble.[5]

Financial journalists have nicknamed Jesse a "bubbleologist" in reference to his economic bubble research and activism.[7][8][9]

Jesse writes a column about post-2009 economic bubbles on[10] He has over 70,000 followers on Twitter and Facebook (as of early-2014), which he utilizes to warn and educate the public about economic bubbles.[11][12] Dow Jones' Financial News featured Jesse in a list of "The Top Financial Tweeters to Follow",[13] and he is currently the 151st most influential media figure in Alt Wire's list of "Top 500 Influencers" in economics-related media.[14] Jesse is frequently interviewed and quoted in the media.[15]

In October 2013, Jesse published a report about Malaysia's economic bubble on his Forbes column, which made news headlines and prompted denials from the country's leaders, including Zeti Akhtar Aziz (the governor of Malaysia’s central bank) and Mustapa Mohamed (International Trade and Industry Minister).[16] In subsequent months, Jesse received similar responses from the media and central banks of the Philippines,[17] Singapore [18] and New Zealand[19][20][21] after publishing reports about bubbles in those countries.


  1. ^ a b Staff Writers, London Times (October 12, 2008), "Ten People Who Predicted The Financial Meltdown (via", The Times .
  2. ^ a b c d e f "Jesse's Biography on". Jesse Colombo. Retrieved 2013-05-25. 
  3. ^ Haddad, Annette (June 18, 2005), "Search for a Bubble Heats Up on the Net", Los Angeles Times .
  4. ^ Krugman, Paul (May 23, 2013), "Japan the Model", The New York Times .
  5. ^ a b Staff Writers, Financial Times (September 18, 2013), ""Bubblecovery" in the Financial Times' Lexicon", Financial Times 
  6. ^ Popik, Barry (October 4, 2013), "Bubblecovery" in Barry Popik's "The Big Apple" 
  7. ^ Irrera, Anna (May 6, 2013), "The Top Financial Tweeters to Follow (Part I)", Financial News .
  8. ^ Farrell, Maureen (April 5, 2013), "A smart look at the Bitcoin bubble (via Twitter)", .
  9. ^ Planes, Alex (June 9, 2013), "The Bubble That Almost Destroyed a Stock Market", The Motley Fool .
  10. ^ "Jesse Colombo's Forbes Blog". Forbes. Retrieved 2013-09-28. 
  11. ^ "Jesse Colombo's Twitter Blog". Jesse Colombo. Retrieved 2013-05-25. 
  12. ^ "Jesse Colombo's Facebook blog". Jesse Colombo. Retrieved 2013-05-25. 
  13. ^ Irrera, Anna (May 6, 2013), "The Top Financial Tweeters to Follow (Gallery)", Financial News .
  14. ^ "Utne Alt Wire's "Top 500 Influencers" (in Economics-Related Media)". Utne Reader. Retrieved 2013-05-25. 
  15. ^ "Jesse Colombo in the Media". Retrieved 2013-09-18. 
  16. ^ "It's Not A Bubble Until It's Officially Denied, Malaysia Edition". Forbes. Retrieved 2013-10-23. 
  17. ^ "Here's What The Philippine Bubble Deniers Are Getting Wrong". Forbes. Retrieved 2014-03-14. 
  18. ^ "It's Not A Bubble Until It's Officially Denied, Singapore Edition". Forbes. Retrieved 2014-03-14. 
  19. ^ Michael Forbes (2014-04-20). "Minister bursts analyst's bubble". Fairfax NZ. 
  20. ^ Jesse Colombo (2014-04-21). "It's Not A Bubble Until It's Officially Denied, New Zealand Edition". Forbes. 
  21. ^ Michael Field (2014-04-19). "NZ bubble 'going to burst'". Fairfax NZ. 

External links[edit]