It’s been a busy week with so many great things happening that I haven’t gotten to spend time focusing on what to blog about. I will definitely be sharing more of what I’ve been up to in the very near future and can’t wait to do so. For now, some quick and random thoughts…
Great post! You will have to give the answer to the 9th fav band!!! IIRC, that was a snarky throway line, but I can't remember which show? Puts me in mind of WKRP in Cincinnati or the A team (hows that for diversity!)
On another note the speed of the rotation. I think it comes down to how quickly big money processes & *accepts* that the cyclical shift to value is happening. And i think that depends on whether Big $ believes in the post covid rebound over next 5-10 years. Build back better & Green power revolution both need materials. And lots of them. negative oil in 2020 told me all I need to know about a cyclical bottom :)
Finally, can you offer thoughts on what happened with Archegos Capital this week? After MC getting blown up by $GME, I am a little on edge with system risk concerns w/ counter parties getting taken out & shot and cascade effects on the G-SIBS. Seems to me risk isn't being properly appreciated here.
Jay,
Great post! You will have to give the answer to the 9th fav band!!! IIRC, that was a snarky throway line, but I can't remember which show? Puts me in mind of WKRP in Cincinnati or the A team (hows that for diversity!)
On another note the speed of the rotation. I think it comes down to how quickly big money processes & *accepts* that the cyclical shift to value is happening. And i think that depends on whether Big $ believes in the post covid rebound over next 5-10 years. Build back better & Green power revolution both need materials. And lots of them. negative oil in 2020 told me all I need to know about a cyclical bottom :)
Finally, can you offer thoughts on what happened with Archegos Capital this week? After MC getting blown up by $GME, I am a little on edge with system risk concerns w/ counter parties getting taken out & shot and cascade effects on the G-SIBS. Seems to me risk isn't being properly appreciated here.
best wishes,
Paul