"The economy is grinding, slowing down, we’re lurching in and out of Covid, yet the tech market makes new highs every day. That’s a classic speculative bubble."
"...to seek out more information, to question conventional thinking and to continually refine your judgments and understanding that difference between certainty and likelihood can make all the difference..."
Is it sustainable? Or is the bull case which is based on earnings, valuations, debt expansion not mattering, indeed nothing mattering but liquidity the continued path forward?
"The U.S. economy and our financial markets now face a crossroad – they are once again decoupling. The test of economic aspiration and market optimism will come in the years ahead.”
Is the idea of a V-shaped recovery dead? Real Vision CEO Raoul Pal and senior editor Ash Bennington explore that question in depth through the lens of the…
The unnamed FBI “Supervisory Intelligence Analyst” cited by the Justice Department's watchdog for failing to properly vet the so-called Steele dossier teaches a class on the ethics of spying at a small Washington-area college, records show.
While nobody can figure out what JPM is actually recommending, we are confident that in 3 months when whatever happens happens, JPM will boldly say that it "called it."
The question is - who is buying these lottery tickets in size and who in the world benefits most from the TSLA share price being at these incredibly elevated levels?
