Greg, since when do Wall Street banks like Morgan Stanley report on future trends?

In my experience when these banks start publishing trend analysis the trend is no longer your friend. Crypto equity correlations are very important to those of us that understand cryptos are still untested as you know. I follow them closely.

Don’t let your ego focus on seeing the trend before Morgan Stanley, that will cloud your interpretation of why they are releasing this information now.

Also beware of potential recency bias, corrections are normal, but markets moving up systematically on historically low volatility in a period of high uncertainty is not normal.

The most important question at this point is where is the cash going? If we can’t find it, it doesn’t make me feel better only less sure.

Happy Trading, Most interesting times