Extreme Greed

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 Extreme Greed

The price action indicates a market which does not believe the Federal Reserve. It is an identifier that extreme greed is taking place.

Source: https://twitter.com/LanceRoberts/status/1622562862173388801

We are at a seminal moment in financial history.  

Similar levels of greed predicted the crash of 1929. They predicted the tremendous stock and bond losses in three periods in the inflationary 60’s and 70’s. This indicator reached similar levels prior to the housing collapse in 2007. Our equity markets would then drop 50% thereafter. 

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