From Chief Investment Officer Tom Veale,
A haiku came to mind this AM. It so happened to be a title of a book written in the 1800s.
“Extraordinary
Popular Delusions And
The Madness Of Crowds”
This graphic seemed to match well:
SVB told us a couple of years ago, “It’s Crypto! You can Bank on it!”
This week’s Market Risk Indicator shows no change with the nervousness in the market place.