This Ain't Your Grandfather's Bubble
Although this bubble might not make sense at first glance, we think there is a relatively simple explanation for what is happening: the appetite for risk has gone up dramatically.

Although this bubble might not make sense at first glance, we think there is a relatively simple explanation for what is happening: the appetite for risk has gone up dramatically.
Cody is running through the most important Revolutions happening right now, plus how they fit in with current near-term economic backdrop.
We're doing some more nibbling today as the markets are crashing.