WM 8 May 2021
Quotes
In a system where income is taxed, money is debased and debt is aplenty, the rich get richer and the poor get poorer
Tips
Markets & macro news
Ethereum on track to reach 12000
Even Germany is experiencing a return of inflation
When money is spent, yields rise
Can't find worker
10 y yield pause probably temporary
Money excesses starting to come to the economy in Europe
Inflation set to rise further in coming quarter as commodity prices and wage inflation filter through the supply chain
First interest rate hikes in high inflation countries..
Liquidity rush may have reached climax
An elongated rally
Topping?
When too many people chase too few things, price rise... until they don't...Beware the reversal
Some (old enough to remember) see the strange parallels between 2000 and 2020.
The trend is your friend?
Margin debt = speculative fever at climax
Higher prices = lower forward returns
Hot IPO + loss making stock indices corrections say = liquidity waning
Options = leverage
Risk elevated
Breadth is at All time high! Everything is rising. So beware of correlations!
Traditional seasonality says Sell in May
Post election seasonality says rally could last til the summer
Decennial seasonal pattern says Sell in May
VIX ready to rock the house (of cards)
Commodities still the place to be as money goes back into the economy
Bottom of a long cycle. GS say 12 y down
cycle. This is wrong. 18 year down cycles normally
One of the biggest YOY rise is ongoing
Copper reached an all time high
Some say China is already trying to put cold water on the red hot commodity space
Lumber parabolic rise will make houses very expensive in the US. Have you got paper & packaging forest investments?
Themes, Sectors & Corporate news
Value creation in the XXI century: attention grabbing x network effects
Comments
Post a Comment