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One of my favorite newsletters keeps delivering. You make a lot of good points.

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Thanks Michael!

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Think we'll see the bubble burst before the end of the year? The momentum seems pretty silly at the moment.

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A little deflating before end of year is certainly in order and likely

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I don't know if I feel like it's "likely" exactly, but I would say strong possibility. I just remember how long things ran during dot com and other bubbles.

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