Where Are We In This Mania Cycle?

by stockboardasset “Given rich valuations and deteriorating internals, downside risks are increasing. But finger-waving about the risks of Fed tightening or QT, after the jackweeds at the Fed encouraged THIS, imagines

TESTING FINANCIAL CYCLE MANIA

via Danielle Park, CFA Over the last year, cryptocurrencies became an icon for the speculative fervor that has increasingly driven the 2009-18 financial cycle. Leading the sector, bitcoin rose from $1200