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By: Andrew Moran
A year ago, the financial markets were infected with the coronavirus. Black Mondays, dead cat bounces, falling knives, and billions of dollars in liquidation dominated the business headlines. Twelve months later, equities are at record highs, commodities have been supercharged into a supercycle, cryptocurrency’s journey to the moon is back on, and armchair investors are beating the hedge funds. But why is there this overwrought feeling that the colosseum is about to implode? Perhaps the tagline from Christopher Nolan’s epic 2020 picture
Tenet explains it best: “Don’t try to understand it. Feel it.”
Treasury Island Takes Wall Street