Ken Fisher
speaker
93 appearances
1 recordings
1 series
first heard Dec 2017
last heard Dec 2017
Ken Fisher’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Why We Shouldn't Call This Market Run-Up a 'Trump Rally' · 14 Dec 2017
podcast
It's usually dramatic.
That's what I think Bitcoin is right now.
I don't want to get into the bubble or not.
That's not the point.
It's
Something where you can see euphoria coming along and what John Maynard Keynes referred to as animal spirits starting to percolate and people showing an evidence to want for the first time in this cycle to really go into the party mode.
And you can see that with Bitcoin.
And I think that's a sign of things to come where we finally will transition into that euphoria.
But let me make one final point on this, if I may.
If it took us eight years to get to where this rally started to go up from 2009 into 2017, then we could have three, four more years of this bull market, could, I'm not saying will, before you finally hit the peak of euphoria, before you finally transition off into that bear market.
This is likely to become, by a good shot, and I've said this for several years now, the longest bull market in history simply because it's been long and the middle part was long and grinding with a lot of skepticism after that big, long, ugly bear market.
After a big bear market, it's not unreasonable to expect a long, drawn-out bull market.
Thanks for having me, JR.
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