Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.
Their wordsWe are in the middle of one of the great asset bubbles of modern times.
Our reading
The asset bubble will end when the Covid 19 pandemic is over and the global economy recovers.
Their wordsI believe it ends when the Covid 19 pandemic is over and the global economy recovers.
Their wordsWhen economies recover and interest rates rise, the air will come out of the asset price bubbles that have built up and the go go markets will hit the brakes.
Keep reading