USAI - Vikram Mansharamani: The Skyscraper Index The Middle East And Oil Price Volatility

Vikram Mansharamani, president of Kelan Capital and author of Boombustology: Spotting Financial Bubbles Before They Burst, shared one of his favorite multi-lens indicators on Real Vision’s Expert View.

The Skyscraper Index was first put forward by property analyst Andrew Lawrence in 1999. “If you go back in time, this actually works, which is the stunning part of it,” Mansharamani said.

The Skyscraper Index theorizes that the world’s tallest buildings are built just ahead of economic downturns. For example, in 1929, there were three buildings competing for the world's tallest tower here New York City,