4/13/21 — “Nothing matters inside of a bubble until it does. The phrase new paradigm is becoming ever more prevalent to justify prices and the tape. Truth be told, there is no new paradigm except this one: More artificial liquidity than ever and more debt spending than ever and as a result people chasing stocks into higher valuations than ever. That’s it. There is no mystery.”
4/15/21 — “People are engaging in investing behavior that would be severely punished in any other time in history, but, because they aren’t, the belief becomes self fulfilling. This is the environment the Fed has unleashed with its reckless insistence to keep printing. What crisis? We are looking at big recovery growth everywhere. Stimulus is flooding through the system. The virus is getting under control with vaccines that are rolled out aggressively. Consumers are flush with cash and ready to spend.”
— Sven Henrich, NorthmanTrader.com