I have posted episodes of the Keiser Report before. Usually I can give you an estimate of what fraction is bs and what fraction is real. With this one, I have no idea. It could all be real or it could all be bs. As the experts in investing are wont to say “Do tour own due diligence” in checking this episode out.
In this episode of the Keiser Report, Max and Stacy discuss the ‘not-com’ bubble (as dubbed by Derek Thompson in The Atlantic). As VCs lose their shirts on their money-burning unicorns, it is the retail investor showing much more sobriety and refusing to get swept up by the ‘acute fever’ in private markets. In the second half, Max continues his conversation with Dmitry Orlov of Club Orlov about his views on the protests erupting around the world and his thoughts on central banks engineering negative interest rates and what it means for the future of the global economy.
I post this on my blog so that when I lose all my invested money I can tell myself that I told myself this would happen. I am sure I will feel much better.