The Great Derangement is here! Markets are increasingly "divorced" from the underlying economic realities, and the popular explanation for this is that traders are now in what is known as a "Drunkard's Walk", where there is a "euphoric" bull rally one day, followed by an equally "dire" bear crash. So, how to make sense of … Continue reading The Great Derangement Is Here! How Markets “Divorced” Themselves From Economic Fundamentals! →