Booms, bubbles, and the warning signs investors miss — we’re breaking down the lessons history keeps trying to teach us.

Jerry and Michael break down the latest market and economic trends before diving into the fascinating history of market manias. Using the Bank Credit Analyst’s five classic stages of a stock mania, they walk through each step and explore whether today’s excitement around AI is edging into mania territory. Insightful, timely, and packed with perspective — this is an episode every investor will want to hear.