The Morning Meeting

  Quotes Keep an open mind and look for different perspective Six blind men describe an elephant. All of them in the wrong. In a complex system, there is always more than one side to the story Markets & Macro news Vol is making a come back The market square & the mob   Barbarians at the gate Some say, don't worry GameStop-like short squeeze happened before and will happen again... remember Volkswagen during the GFC Note however that algos are sometime blind when it come to buying tickers, here is an Australian miner. Remind me of stocks that doubled during the internet bubble just by adding .com to their corporate name...Too much liquidity does that to markets Chinese GDP data revised Confidence vs SPX. GameStop = GameOver? Silver/Gold ratio up as Gold goes down Themes, Sectors & Corporate news Biden reviewing contracts with Saudi Arabia and questioning concentration of US Defence contractors Space tourism

 Quotes Markets & Macro news Expensive on cyclically adjusted PE And relative to real assets Overextended and shaping up like a angry megaphone Corrections happen They do when Money supply growth undershoot nominal GDP growth And with the USD rolling over Expect inflation to rebound and money to go back into the economy And the consumer is not even happy about it Demographics and falling fertility also send a signal Someone is gonna have to give Especially given all that leverage Ex squeeze me This is what you get when you short 140% of a share capital Looking like this picture sent from Wallstreet Bets  Shorts are getting squashed Main street mob occupies Wall Street for real!  Lots of leverage means more vol + more risks of big black hole syphoning capital.  Even Bitcoin is getting a beating (but still in the range) Themes, Sectors & Corporate news