The Party's Over Sell-off

Degenerate Business School

English - December 06, 2021 02:00 - 21 minutes - 15 MB - ★★★★★ - 16 ratings
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We come back from Thanksgiving to find growth stocks in shambles. Chief among them, the previous darling of our eye, genomics. Do we give up? Or do we accept soul crushing volatility as the price of asymmetric upside?

Meanwhile, the Nasdaq retreats to its 100 day moving average in dramatic fashion. But this we have seen many times before.

What then is driving this panic, beneath the masthead of the Omicron variant?

Meanwhile in Crypto, Bitcoin and Ethereum struggle to break out as the promise of a bull cycle from Twitter remains elusive.