Episode Details

MI231: Bubble: 3.0 History’s Biggest Bubble w/ David Hay

Episode 390 Published 3 years, 5 months ago

IN THIS EPISODE, YOU’LL LEARN:

03:34 - Why David believes we are in the biggest financial bubble of all time and how did we get to this point?
05:57 - Why the Fed’s use of Modern Monetary Theory, Quantitative Easing (QE) and negative real yields have been large contributors to Bubble 3.0.
09:09 - What the difference is between QE and Modern Monetary Theory.
14:47 - What the “Fed Put” is, does it still exist, and what impact this has on the stock market.
26:28 - Why David thinks this bubble is more like the 2008-2009 period and what is different about this time.
32:44 - David thoughts on where we are in Bubble 3.0 as of 2022 and why he thinks the worst is not over.
37:23 - What is driving the dollar’s recent strength?
46:50 - David’s thoughts on owning Gold and bonds right now.
51:10 - Why David thinks now is the worst time to be a passive investor and his thoughts on the “passive indexing bubble”.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out David’s financial writings: Haymaker.
Check out David’s book: Bubble 3.0: History's Biggest Financial Bubble (audiobook on Awesound) USE DISCOUNT CODE: MINVEST33
Related episode: Stock Market Bubbles & Crashes w/ Scott Nations - MI197.

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