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‘Sentiment Is Too Darn High’: ‘Melt-Up’ Replaces ‘Recession’ As Clickbait Topic Du Jour
Is it a "melt-up"?
That's a (silly) question that comes up whenever equities summit fresh peaks during a push that feels inexorable.
Belabored attempts to define the term notwithstanding, there's no set definition of a "melt-up". Asking if a given rally counts as a "melt-up" is like asking if an exhilarating college basketball game counts as a "barnburner" - you're tempted to say "yes", but if anyone asked you to make a definitive list of the characteristics a given game must exhibit to count
These early year lazy days…………I suppose one match could decide the barn burner debate but falls short on the one about the ‘chicken or the egg ‘ Save those for a (silly) McDonald’s add I guess…..