The Great Disconnect Grows: Dems Control Senate, Trump Supporters Protest, Russell ATHs, Bitcoin $37k and TSLA $756, Extreme Speculative Behavior and Bubble Valuations

Reading Time: 5 minutes

Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…

“The Biggest Consensus In History”, DRI Earnings & The Coronavirus Surge, The Economics of the $ Crash, Carpe Diem

Reading Time: 9 minutes

Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…

The Hallmark of a Bubble, The Long Term Consequences of Massive Government Stimulus and Bank Earnings

Reading Time: 10 minutes

Yesterday, the great Howard Marks came out with one of his memos. I consider Marks one of the Top 15 investors of all-time and I try to read most of his memos. Yesterday’s memo, “Coming Into Focus” (https://www.oaktreecapital.com/docs/default-source/memos/coming-into-focus.pdf), was one…