Panic With Friends: The Year Ahead in Public and Private Markets (EP.182)
Panic with Friends - Howard Lindzon
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The Tiny Bubble
This is the first time we've dealt with inflation. We only knew prices to go down because o've taken because of china and india and malasia. And so thisis the first time that if you want to live a pretty good life, it's expensive. So in that world, you're going to have tiny bubbles as interest rates stay low. Again, i can't predict where interest rates are going, but it doesn't feel like we can get much better. Is money's just going to keep piling into speculation and there or it's very hard to predict an overall down turn in the market.
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