The Leroy Jenkins meme is epic and has been applied by people like Ben Hunt when Larry Summers spoke a particular "quiet bit out loud". However, that part wasn't what really stuck me about this piece. It was the paragraph that started "If you're a money manager, you know this life. ..." That really resonated. Cheers John.
I see the narrative changing, but I didn't think it would last 3 or more months. I could be wrong it just sounds long.
If we are right, and inflation sticks, then this narrative change would drive a bear market rally. And at an average length of 40 days, 3+ months would be a long one.
I loved this piece :) The Leroy Jenkins reference is so appropriate too. Great job and I hope your holiday is excellent.
This comment made our day. Absolutely delighted someone picked up the Jenkins reference! lol
The Leroy Jenkins meme is epic and has been applied by people like Ben Hunt when Larry Summers spoke a particular "quiet bit out loud". However, that part wasn't what really stuck me about this piece. It was the paragraph that started "If you're a money manager, you know this life. ..." That really resonated. Cheers John.
“Someone had blundered”
I see the narrative changing, but I didn't think it would last 3 or more months. I could be wrong it just sounds long.
If we are right, and inflation sticks, then this narrative change would drive a bear market rally. And at an average length of 40 days, 3+ months would be a long one.
Such a fun write-up. Well done!! Cheered us up after the pummeling, for sure. Much appreciated!
nice writeup. love your writing style. very fun to read.
Man you should definitely do a movie or something. This script was epic.
Love your substack.