Matt Damon Endorses Crypto

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After a fit of liquidation sent Bitcoin below near term support ($53k), sentiment now hangs by a knife's edge around ~$47k. Despite the world's most riveting Matt Damon commercial for Crypto.com, the Crypto markets chop into consolidation (for now). While the HODLers buy the dip, December wears on to tell us which way the price action will break. 

Meanwhile, Ethereum flashes a key signal that it will outperform no matter where Crypto sentiment goes in the near term. 

Degenerate Champion of the week Raj Rajaratnam, prominent insider trader and hedge fund extraordinaire, appears on Bloomberg. Claiming he was the victim of prosecutorial overreach, he then proceeds to pump his largest holding Crowdstrike. Fantastic work.

We then pivot the macro sphere, where a debate rages on about the consequences of fiscal and monetary interventions. Aggregate demand is so stupendously overpumped, supply chains so epically snarled, workforce participation so indelibly low that the Fed might be turning hawkish-ish. And if that means impending rate hikes in 2022, an accelerated pace of tapering and whatever else, is that really priced into the markets writ large?