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But we saved everything 🙂.
Andy Constan, founder / strategist at Damped Spring Macro, distances himself from bubble predictions based on data mined from single events.
He stresses that his view on bubbles is rooted in more robust analysis and not the limited methods he criticizes.
Constan has previously identified aggressive corporate buybacks and expanding budget deficits as persistent drivers of bullish equity markets, according to a recent note. In another commentary, he outlined how credit and money creation move in a circular flow from issuance to spending and savings. These earlier viewpoints add context to his current perspective on market analysis.