Week of March 11, 2024
From the website www.goodreads.com:
“We find that whole communities suddenly fix their minds upon one object, and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first.” ― Charles MacKay, Extraordinary Popular Delusions & the Madness of Crowds (1841).
Bitcoin?
Our Signals remained unchanged for the week.
Bob Bilkie, CFA.