Waiting for Inflation, SPACmania, and Dislocations in the Cannabis Bull Market

Published on
February 10th, 2021
Duration
27 minutes


Waiting for Inflation, SPACmania, and Dislocations in the Cannabis Bull Market

Daily Briefing ·
Featuring Jack Farley and Max Wiethe

Published on: February 10th, 2021 • Duration: 27 minutes

Real Vision editors Max Wiethe and Jack Farley delve into what Fed Chair Powell’s remarks indicate about the future of monetary policy and the economy. Max catalogs the rally in cannabis equities and notes that the bulk of the euphoria seems to be located in Canadian pot stocks, which may not be as favorable as their U.S. counterparts. After noting the tremendous volatility in MicroStrategy Incorporated ($MSTR), Jack and Max interpret what today’s reading for the Consumer Price Index, which fell slightly below expectations, means for reflation trades such as banks and energy. They close by giving a sneak peek of upcoming interviews with Julian Brigden, Howard Marks, Joel Greenblatt, and Lyn Alden as part of the “Is Everything a Bubble?” series.