Below are some of the most interesting articles, quotes and charts I came across this week. Click here to subscribe to our free weekly newsletter and get this post delivered to your inbox each Saturday morning.
Meme stocks seemingly rose from the dead this week, driven by the return of retail investors.
This comes just as the “soft landing” narrative has been fully priced in to markets.
Curiously, however, that thesis doesn’t seem to be supported by the inflation data.
And stock market internals are flashing a classic warning sign regarding the economy.
Finally, momentum thrusts like we have seen recently typically don’t end well.