MM 15 January 2021

 Quotes

One of the signs of intelligence is to be able to accept the facts without being offended. Richard Feynman

Markets & Macro news

Some pictures are worth a thousand words.

Here is the front pages of the Economist in Europe and the US

Mood of this early decade?

Mass manipulation

USD support

Someone prefers weak dollar

Quid of equities though

No bears anymore (who is gonna buy when everybody else will be selling?)

It's the economy stupid

Meanwhile, if you have real estate, things are what they used to be

Brexit: fish can't go through administrative burden, but what about money?

Bitcoin: bubble bursting or breather before the big move?

In the last bubbles, there was a breakaway gap in the second ramp. Yet to be seen! 

So far exponential path follows the model

Themes, Sectors & Corporate news

The surge of "Signal"'s share price on the back of one Elon Musk's tweet shows the craze we're in. Social media are driving retail traders to do the same things at the same time without even thinking. If you look for an explanation behind 100% IPO day spikes or why heavily short sold bad businesses are appreciating tens of billions of dollars on nothing but hot air, look no further than such behaviours. In the short term, the market is a voting machine.

Space, the final frontier (=> Virgin Galactic?)

Sugar