Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
There isn’t yet a narrative on the Old Wall that were in a Small Cap “bubble”, but you’ll definitely read about SPAC bubbles. I infrequently read headlines about Pot Stock bubbles, but I won’t be surprised to see those headlines eventually.
When you read a Zero Edge article about bubbles or Biden, does it trigger you?
That’s resulting too, don’t forget. Reading something that has nothing to do with either the Signal or the Quad might make you “feel” like a more informed citizen… but it’s not going to make you a more Macro and market aware Full Cycle Investor.