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Day: January 26, 2021

‘Imminent’ Stock Correction: What’s Bitcoin Got To Do With It?

‘Imminent’ Stock Correction: What’s Bitcoin Got To Do With It?

January 26, 2021January 27, 20214 min read

If you’re expecting a correction for US equities or, at the least, for one of the most furious rallies in recorded history to calm down

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5 Comments on ‘Imminent’ Stock Correction: What’s Bitcoin Got To Do With It?
Stop Asking Me About GameStop, Jason

Stop Asking Me About GameStop, Jason

January 26, 2021January 27, 20215 min read

People keep asking me about GameStop. I’ve been extremely reluctant to engage. But, against my better judgement, I’m going to pacify the audience. First of

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Today Is Bad, But Tomorrow Will Be Better

Today Is Bad, But Tomorrow Will Be Better

January 26, 2021January 26, 20212 min read

Well, consumer confidence ticked higher in January, rising to 89.3 on The Conference Board’s gauge from 87.1 in December. That was basically in-line with consensus.

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1 Comment on Today Is Bad, But Tomorrow Will Be Better
IMF More Optimistic, Gopinath Says Biden Plan Would Boost US

IMF More Optimistic, Gopinath Says Biden Plan Would Boost US

January 26, 2021January 27, 20215 min read

Good news! Albeit news that most folks won’t be inclined to care much about. The IMF adopted a more upbeat stance on the global economy

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Stocks, Reflation Trade Due For ‘Deserved’ Break: Morgan’s Wilson Suggests

Stocks, Reflation Trade Due For ‘Deserved’ Break: Morgan’s Wilson Suggests

January 26, 2021January 27, 20214 min read

It’s always interesting to observe the difference in cadence between the rates crowd and the equities crowd when it comes to the pro-cyclical rotation narrative.

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1 Comment on Stocks, Reflation Trade Due For ‘Deserved’ Break: Morgan’s Wilson Suggests
McConnell’s Relent, Fast Times In Hong Kong & ‘Civic Integrity’

McConnell’s Relent, Fast Times In Hong Kong & ‘Civic Integrity’

January 26, 2021January 26, 20214 min read

The froth in Hong Kong came off fairly dramatically Tuesday, as the Hang Seng tumbled and Tencent dropped more than 6% after an absurd rally

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7 Comments on McConnell’s Relent, Fast Times In Hong Kong & ‘Civic Integrity’

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