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#996 Jamie Catherwood On Using History To Understand The Market Today

The Pomp Podcast

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How to Create a Bubble Triangle

I saw on a recent broadcast that you talked about this idea of like a bubble triangle. In the kind of this framework, talk to us about that in terms of how how people can actually evaluate bubbles. The three sides are market ability, speculation and money and credit. And if you remove any one of them, it becomes harder to sustain a bubble. If central banks dramatically raise rates, then you tend to have the bubble pop.

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