— Michael A. Gayed, CFA (@leadlagreport) January 21, 2021
'In the first two weeks of the new year, a total of 1,000 insiders sold their own stock and 128 bought shares, leaving the sell-to-buy ratio poised for the highest monthly reading in data going back to 1988.' t.co/WzkA3g1PF9 pic.twitter.com/eV4LRdbq2n
— Jesse Felder (@jessefelder) January 20, 2021
This is a Wall Street Bets market and you’re just living in it. Wall Street Bets is a subreddit with 1.9 million users who like to make crazy speculative bets.
— UPFINA (@UPFINAcom) January 21, 2021
Yup. Its gonna be brutal. Ill watch from the sidelines eating popcorn and buy it all up dirt cheap. pic.twitter.com/WRXkFKKB70
— BLACK SWAN (@RetirementRight) January 21, 2021
In his latest letter to investors, The Financial Times reports that the billionaire manager blasts the world’s central banks (focusing mostly on The Fed) for flooding the financial system with money since the onset of the coronavirus pandemic, arguing that the central bank’s moves have made it difficult to gauge the health of the US economy.
About 20% of respondents in Bank of America’s latest global fund manager survey out Wednesday said they were taking higher than normal risk. Not only does that continue the upward march in risk appetite started…