Ep. 464: The Next Brexit with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Introduction
Michael Koval: I want to go back in time. 1989, the Berlin Wall comes down. 1994, AOL is sending out these damn dial-up CDs that you plop on your computer and you have access to that crazy AOL interface. Summer of 1995, Mark Andreessen, Netscape. That IPO unleashed an absolute insane bubble. We all know it from PetS.com to every insane IPO that went out until spring of 2000. It was the biggest damn bubble ever. And when it popped and reached the bottom in 2002, that was it. The central planners decided we need to fix this and they dropped rates down to 1% in 2003. Boom. Bubbles all around the
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