Finance & Fury Podcast

Welcome to Finance and Fury, The Furious Friday Edition This week – see what lessons can be learned from - Last week - Story of Financial alchemy in its early days with the SSC bubble Been many bubbles since then – The Markets have a Cycle to them History of the last 90 years – exclude wars and a few other drops that weren’t the result of a bubble bursting – you have 1929 crash (-46%), credit squeeze of 1961 (-23%), OPEC stagflation of 1970s (-59%), 1987 crash (-50%) and the 1990 recession that followed (-32%), tech bubble in 2000s (-22%), GFC of 2008/9 (-55%) - Good news - Markets do recover – we are back to all-time highs for the index - but keep repeating the same cycles – debt being flooded into markets – leverage grows, investment prices rise and seeing the artificial price rises, people jump in to not miss the boat – no pun intended – especially as we will be looking at the SSC bubble last week in relation to these common factors over time But like any cycle – what goes up must come down – and there