Hartnett: "Forever Blowing Bubbles"- Flow Show Report

Housekeeping: Have a good weekend

“Mag7 market cap rises above combined GDP of New York, Tokyo, LA, London, Paris, Seoul, Chicago, San Francisco, Osaka, Dallas & Shanghai.

- Michael Hartnett

Includes:

1. Video Walkthrough

2. Bubble Chart

3. Chart deck

4. Analysis/ Mark Up

Bubble Chart Break Down

Interpreted:

• Green= Bubble/No Landing/Inflation (e.g 1999)

• Red= “Crater”/Post Crash/Deflation (e.g 2000)

• Blue= Goldilocks/Disinflation (e.g. 2023)

• Yellow= Anti-Goldilocks/Stagflation (e.g. 1975)