Until last night, he was getting really annoyed and frustrated with crypto.
The whole space tourism thing is probably fifteen years too early. I’ve marked with an arrow when Branson did his little billionaire space visit for a few minutes. CHART
Welcome to Powell Day. It’s a shameful pity
As we approach Friday morning’s gift-to-billionaires from Jerome Powell, I’d just like to again offer these two charts of broadly-defined U.S. equity indexes in case anyone has forgotten how batshit-insane things have become.
The charts are chilling. As in “horrifying.”
The frantic purchases by the Fed aborted yet another trendline failure.
The subreddit known as Wall Street Bets is well-known as the haven for inexperienced young “traders” who are always on the prowl for the next easy, surefire way to make some quick money.
Witness what Amazon (AMZN) has done since UberDouche Jeff Bezos decided to take a flight in space that lasted several minutes. The stock has lost almost $300 billion in value, and frankly, it is still wildly overvalued, probably by ten-fold. But it…
Take note of the horizontal, and in particular, the substantial amount of trading activity above.