About this episode

Mark Yusko explores the disconnect between market optimism and economic fundamentals, analyzing historical speculative cycles and current investment trends.

In this episode of Around the World with Yusko, Mark Yusko applies Samuel Taylor Coleridge's concept of the "willing suspension of disbelief" to today's markets, challenging listeners to separate optimism from economic reality. From the birth of central banking to the AI-driven boom, Yusko traces how belief, leverage, and monetary policy have fueled centuries of speculative cycles. He examines bubbles from WeWork and Beyond Meat to nuclear startups and quantum computing, highlighting the widening gap between enthusiasm and the underlying fundamentals. Along the way, he contrasts fiat devaluation with the strength of scarce assets like gold and Bitcoin, dissects the "infinite money glitch" behind tech valuations, and considers what history suggests about the next correction. Blending sharp analysis and perspective, this episode offers a global, data-driven look at where he thinks we are in the investment cycle . Want more? Watch the "Around The World With Yusko" webinar series live by contacting us at ir@morgancreekcap.com . Watch it after the fact at https://www.morgancreekcap.com/market-commentary/#investment-themes . Visit us on the web at https://www.morgancreekcap.com . Legal…

People in this episode

Host: Mark Yusko

Topics covered

• market analysis
• economic reality
• speculative cycles
• central banking
• investment cycle
• monetary policy
• asset valuation

Keywords

• investment
• markets
• speculation
• central banking
• economic cycles
• asset valuation
• Bitcoin
• gold
• AI

Mentioned in this episode

Organizations: Morgan Creek Capital Management, LLC, WeWork, Beyond Meat, AI, gold, Bitcoin, nuclear startups, quantum computing

Books & works: willing suspension of disbelief

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