January 26, 2021
Well, lots of talk about a raging optimistic sentiment behind the risk markets. In fact, highly leveraged risk is running at extremely high historical levels. Not to mention the babies “doing money” even while hanging with their dog.
But these “odd-lotter” signs of a speculative peak are being ignored because they have a lead time of ten months. “Say What!”
Worse yet, I saw “if there is a bubble, it really does not matter.” …what the!
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