Animal Spirits: Bitcoin, Bubbles & Bananas
Courtesy of Michael Batnick
Coinbase has more accounts than Schwab
This poll is incredible.
Poll Results: higher the price of Bitcoin, less people believe it's a bubble, more people believe it's undervalued. pic.twitter.com/zxYIr6S7kV
— Charlie Bilello (@charliebilello) November 22, 2017
New managers and career risk.
Ok, I have something to get off my chest regarding the fund management industry:
I know many small fund managers that can't get a meeting/allocations despite having stellar long term returns & significant "skin in the game"
— Vacation Capital (@JBierne) November 21, 2017
The future will look like the recent past.
It’s a two horse race.
Another mind melter: BlackRock and Vanguard account for 78% of the $400b in ETF flows and all 15 of the Top 15 products.. https://t.co/WQz2F5AMj4
— Eric Balchunas (@EricBalchunas) November 21, 2017
2017 is the year of stock market superlatives.
2017 could have the smallest max daily gain for the S&P 500 for any calendar year going back to 1964, which means literally nothing. Or does it… pic.twitter.com/SySduMyFM6
— Irrelevant Investor (@michaelbatnick) November 17, 2017
Volatility shrugged.
$vix pic.twitter.com/zJYTSE0d3o
— VIX Squared (@vixsquared) November 25, 2017
Thanks for listening!