A Mess Ensued: No Surprise to GH2 Unfiltered
Those who have watched GH2 Unfiltered videos (Paid subscribers, duh) about financial markets observed this as it occurred (#MondayMorningQuarterbackingNotAllowed). IT WASN’T THE DIRECTION I OBSERVED (I am agnostic observer), it was the GLUE (correlations among the different asset classes and sectors got screwed up, this was CLEAR: Gamestop/meme stocks, interest rates, crypto, inflation fears).
The Pink vs Blue line reversal here is large but the net difference over time limited.