The Most Hated Rally, Global Monetary Inflation, Looking for Secrets....

May 14, 2020

∙ Paid

A. The Most Hated Rally

From 2009 till 2016/2017 we had the most hated bull market in history and since March 23rd it has felt pretty similar.

Everyone got prepared for a downturn given the economic data……and then the market turned up.

Three themes come up in discussions now about markets:

1. “This has never happened before……”

2. “The market is ignoring the…