Friday, December 8, 2017

Beware The Lump Of Coal

The year of Trump may not end the way most people seem to expect. Peace on earth, goodwill towards men, so forth and so on...

We have some indications that social mood may have peaked this week:

Heisenberg: The Scariest Chart Of All
"Remaining steadfastly bearish in the face of a rally can be frustrating, but once it becomes readily apparent that optimism has morphed into mania – that rational exuberance has become irrational – there’s a certain satisfaction in watching the lemmings sprint towards the cliff."




Gamblers Going All In Like Never Before
TD Ameritrade: “The IMX saw its largest single-month increase ever in November, increasing over 15% to hit an all-time high of 8.53,” the broker says on its website, citing an proprietary index that tracks holdings, positions, trading activity, and other data from client portfolios held by real investors each month and rolls it all up into an index."







"The irony of Coinbase hitting the mainstream is that, for many customers, the service was actually unavailable for large portions of the day."



If getting in was difficult, don't worry about getting out...



"Which assets are likely to be impacted the most once this Chinese bubble pops? Two suggestions according to BofA are cryptos and/or emerging markets"




















Getting in is easy...




Getting out will be impossible