- When the amount of leverage in the system (U.S. equity markets) is now easily the highest in history, by any measure, not just in absolute terms! (relative to GDP, etc. Margin Debt/GDP = Margin Debt/Market Cap x Market Cap/GDP Showing insane over-valuation across the board!)
- In a world where speculators now value the stock of bitcoin at one-fifth the value of the entire U.S. monetary base;
- Where the current SPAC mania is identical to the South Sea Bubble in as much as: "Let them see not what they do!";
- and so on...
ノート
SHORT it off of 13600, for good.
ノート
Also a likely strait drop from here, much like indicated in the SP500.