Is Bitcoin Going Cheech And Chong A Bad Sign

By Michael Every of Rabobank Stocks are at record highs again. Yet there are good and bad reasons for them, and other assets, to be getting high: and counter to the common adage, it’s arguably better if they are doing so on their own supply rather than anybody else’s. Allow me to explain. Let’s start with the list of potential new Fed Chair candidates expanding to encompass most of the current FOMC --which will do wonders for the team ethic there, and perhaps for views on rate cuts(?)-- as well...