Economist, Orioles fan, Host of What Are We Missing - I Dig Liquidity, Momentum, Insider Buying, Market Mechanics, Policy, and Screaming Out into the Void.
I think the question remains the same. Where is the money going to go. Record money market funds getting used as collateral to buy the same names over and over. I don't know where money would go... that's the issue.
All of a sudden the world has to get confident in Forex to go somewhere else. It's not going to Europe. it's not going to China. No one is pining for money to go to South Africa. So I think that we just keep waiting on this ai story... and it might take 24 months to get to an answer. We either grow into our valuation of 3.7 times GDP... or we don't... and we hvae a valuation reset. But trying to time that... that will make us all crazy people.
@TrungTPhan Lars was my fraternity brother at NU. He's the smartest engineer I ever met, and we had a lot of good ones.
It's really awesome to see him showcasing his intelligence and skills, and showing the world what is possible. Really proud of his work.
@FinanceLancelot Cats chasing dogs... Mass hysteria.
World changed after 2020. We can't compare the markets historically to anything before all this bullshit started with leveraged ETFs and passive flows went above 50%... They broke the markets. I'm sitting with my dogs drinking alone...
Look... I did a lot of things in my life... but I didn't do this... This video is next level... why is this Red Sox monkey involved. Better question... why not?
https://t.co/pm6XIkQqUQ