Max Pacella
Investment Analyst
Wholesale Investments
4 Jun, 2021

Welcome back to Weekend Reading.

You would be forgiven for thinking that some of the stories out this week are spoofs, parodies or hyperbole. Sadly not – it seems the market is occasionally intent on becoming a caricature of itself, what that says about sentiment we postulate on for longer than this note.

What is worth considering is that when everybody’s gone mental, even something absurd can seem normal. Maybe if the market tanks we can call it the “intervention trade”.

Let’s look back on the week.

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