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Quoth the Raven #303 - Market Crash, Crypto, Covid & The Meaning Of Life (Palisades Gold Radio Uncensored & Full Length Version)

Quoth the Raven

CHAPTER

Can the S&P Move Up 10%?

Tom Lee's year end target for 2022 was something like 5100 on the S&P, which means he got it wrong by almost a factor of 40%. When rates are at zero and the Fed is doing unlimited QE, it's very easy to be an asset manager. You can buy garbage and it goes up. It's very easy. And I'm still not sure that a person like Ross Gerber doesn't know how to read financials,. The acumen of these individuals gets put on full display when the behavioral Pavlovian incentives that these geniuses have had over the last 10 years come into play.

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