Richard Kramer: Not just in our lives but in a number of sectors in the market.
And, of course, as we talked about in the early episodes of- of Bubble Trouble, we all thought we were facing an existential crisis last year. Richard Kramer: Well, first of all, Will, I think when markets go to record highs, it's usually because someone's surprised. When you learn that the all well share index has doubled since lockdown, what's your gut response to that observation, Richard? I want to use that as our- our bridge to try and get a header into bull market, and the second half, aptly, to work out where a bear market might creep in. The driver was bubbles and why they get themselves into troubles, and we're looking now at MSI all well share index doubling since lockdown March 2020. Will Page: Three o's or four? So this week, we're just gonna break it back down to basics.
#BUBBLE TROUBLE PRIZES NORMAL HOW TO#
Richard Kramer: Thanks, Will, and I'm glad to see that you finally learned how to pronounce the word "truths." Today, we're back to blowing bubbles, the original source of this inspirational podcast, and we deep dive into the force that's driving markets to record highs. Will Page: Welcome to Bubble Trouble, conversations between the economist and author Will Page, that's myself, and the independent analyst Richard Kramer, where we lay out some inconvenient truths about how the financial markets really work.
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