Who’s Ready For The Super-Tremendous ‘Melt-Up’ And The Phenomenal ‘Blowoff’?

“Traders are positioning to chase equities into year-end for a possible rally that the popular press has termed as a ‘melt-up’ or ‘blowoff’ scenario [as] the equity market rally from the 2009 bottom has been the second longest, right after the one preceding the Dot-com crash.”

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As Dimon Shrugs Off ‘Stupid’ Bitcoin Buyers, One Bank Asks: ‘What Is A Bubble?’

“The dot com bubble had the internet. A constant theme of bubbles is the ability of speculators to shout that dreaded cry “this time it’s different.” Logical arguments against the bubble can then be disregarded as speculators declare that the doubters simply do not understand that the world has changed.”

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