Market Fears Melt-Up More Than Selloff

Despite the ongoing rally at the long-end of the Treasury curve (which was risk asset manna from heaven in November), equities are struggling to build on last month's monumental rally. That's nothing to panic about. "The stocks" can't rally every day, and besides, there's plenty of money to be made in Bitcoin while you wait on equities to make a summit push. (I'm just joking. I'm afraid I agree with Jamie Dimon: It'd be better if the government just pulled the plug on crypto.) Still, there's s