“…it seems natural that the combination of â€˜sanity checkâ€™ (all is OK and progress is happening) plus â€˜new interestâ€™ (incremental attendance) should strengthen the crypto-communityâ€™s conviction.”
Listen, Fundstrat Global Advisors’ Tom Lee is a guy who knows Bitcoin, ok?
Let’s say you’re an analyst….
Don’t doubt the gods. That was the lesson learned over the summer of our discontent, when the pandemic exacerbated already entrenched trends favoring a wholesale
US tech stocks are the most crowded trade on the planet. And it’s not even close. In fact, 74% of respondents identified “Long US Tech
…even as these long, summer days feel sleepy and aimless.
â€œWeâ€™re supposed to be feeding the world, and we canâ€™t even put food on our own table”.
Needless to say, this isn’t the best news for some folks.
As good as it gets?
“The fact of monopoly markups has been obvious to Buffett and the big banks for years. Now the academic evidence seems to be catching up.”
Remember, credit creation in China is a key piece of the macro puzzle…
“So thinking about those discussions, you might have not slept well last night.”
“I was told there would be a rally”.
“…we can kill it.”
Flush. Rinse. Repeat. BTFD!