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Quote of the Day

"OK, so there is a lot of anecdotal evidence that there is a bubble going on. IPO's, SPACs, Robinhood trading, Bitcoin, just all sorts of stuff...But at the end of the day, for me, as a stock investor, I just care about valuations. Is the stock market in a "historic bubble"? I don't know, but it doesn't really look like it."

(The Brooklyn Investor)

Chart of the Day

Fund managers think Bitcoin is a crowded trade.

(sentimentrader.com)