Lots of fretting about stagflation in recent weeks, but I see little evidence of it so far. Inflation boom? Yes. Stagflation? No. Here is a chart of the PMI, which remains firmly in inflation boom territory. pic.twitter.com/XTbT40zpPh

— Jurrien Timmer (@TimmerFidelity) October 20, 2021

The S&P 500 ETF has not closed below its 200-day moving average since May 2020. This is the 5th longest streak since its inception in 1993. $SPY pic.twitter.com/JpJeyVwNeA

— Charlie Bilello (@charliebilello) October 20, 2021

Bitcoin is my largest non-real estate holding, but diversification into leveraged Silver longs could be considered if you trade commodities.

The Sep low in $SI_F could be the lowest low for the foreseeable future. Next stop $50 pic.twitter.com/ygZXG3lW9h

— Peter Brandt (@PeterLBrandt) October 20, 2021

There it is! It's only 1:30 and $BITO has already traded $1 billion on its second day. Wild. Assuming this thing converted just 43% of this volume into assets (it converted 57% yesterday), this is the first ETF to crack $1 billion in AUM in under 2 days. GLD did it in 3 days. https://t.co/rRcmZuwhcv pic.twitter.com/ONJ21GH9JH

— James Seyffart (@JSeyff) October 20, 2021

Bitcoin Breaks Out To New Record High, What Happens Next? https://t.co/0uGZfpqR6F

— zerohedge (@zerohedge) October 20, 2021