Summary:
Remember peak market euphoria?Well, errr, just another data point today from a US equity market that is absolutely, totally, completely normal. And not, we should add, in any way broken.For context, a certain newly crowned world’s richest man tweeted the following on Thursday: Now we’re not mind-readers at FT Alphaville (Virtual) Towers -- far from it. For instance, we’re still not sure what Elon meant when he tweeted this about the Securities and Exchange Commission last year: But we’re pretty certain that when he referred to “Signal”, Elon meant the encrypted messaging service owned by a non-profit organisation funded by WhatsApp co-founder Brian Acton, and not, erm, the stock of a technology company called Signal Advance (ticker: SIGL), which trades on the
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FT Alphaville considers the following as important:
This could be interesting, too:
Remember peak market euphoria?Well, errr, just another data point today from a US equity market that is absolutely, totally, completely normal. And not, we should add, in any way broken.For context, a certain newly crowned world’s richest man tweeted the following on Thursday: Now we’re not mind-readers at FT Alphaville (Virtual) Towers -- far from it. For instance, we’re still not sure what Elon meant when he tweeted this about the Securities and Exchange Commission last year: But we’re pretty certain that when he referred to “Signal”, Elon meant the encrypted messaging service owned by a non-profit organisation funded by WhatsApp co-founder Brian Acton, and not, erm, the stock of a technology company called Signal Advance (ticker: SIGL), which trades on the
Topics:
FT Alphaville considers the following as important:
This could be interesting, too:
Eric Crampton writes Mom’s Time
Tyler Cowen writes Insurrections are contagious
FT Alphaville writes Crypto finally becomes bigger than . . . the world
Tyler Cowen writes Thursday assorted links