Speculative Mania Speedbumps
In the last 24hrs risky asset markets faced two shocks which exposed the broad-based financial speculation afoot. BTFD here is a bet everyone will drive the 3z mania to start the year even further.
Was it just yesterday I wrote about how the biggest theme in the markets to kick off the year was not debasement, but another round of broad-based speculative mania? Damn, it’s been a long 24 hours.…
