Daily Market Brief

Trading Memes: Everyone on Board

They got it done! Holidays are upon us and markets are back to making record highs. After a couple of quick scares in October (Ebola), and December (Russia/oil) markets have adopted a new behavior: Whatever falls quickly will ramp higher even faster. The $DJIA rallied 1,000 points in just the past 5 days and that is impressive by any standard. After several years of constant central bank intervention investors have been trained to buy every dip and the reflexive buying appears to get more aggressive each time. We can’t help but poke fun at the collective silliness we keep observing in markets and the world.

Here’s a collection of tweets over the past few weeks poking fun at the world. Previous weeks’ editions can be found here.



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