Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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That’s the thing about exponential functions, they wreak havoc on the linear mind! As my math man Strogatz goes on to teach in Infinite Powers: “as the graph of this exponential function soars higher and higher, it’s slope always tilts to match its current height.. no other function can say that – it’s the fairest of them all.” (pg 137) If you have friends who need a chart to make those words come to market life, send them #Quad2 in Q2 chart of Ethereum (vs. USD). |
