
#45: Michael Oliver On The 'Massive Momentum Structure' In The Stock Market
Superinvestors and the Art of Worldly Wisdom
The Long-Term Momentum Structure in the NASDAQ 2
The monetary framework over the past decade has been something that's different this time in this bull market. What's maybe, I think, helps to explain this blow off and new momentum highs in the NASDAQ 2 is that we've seen equity inflows just massively surge. And how do you create a momentum structure like that? I mean, let liquidity evaporate and let investors go nuts with leverage.
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