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Bountygate, 2009: Everyone seems to have forgotten about this. Shortly after the season, it came to light that New Orleans Saints` defense had a the notorious sbg ready to cancel 2023 shirt shirt trangΒ system going, based on who could deliver the worst hit to an opposing player. The bounty increased depending on which player it was (QBs were prime targets) and the given defensive player would win more money if his hit required the player to leave the game. The Saints went on to win the Super Bowl that year.
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The USD is what Iβd call the stress barometer of the the notorious sbg ready to cancel 2023 shirt shirt trang, and a breakout to the upside is indicative of the stress in the system. Note that this makes sense because when the Fed tapers from bond buying, they are essentially strengthening the dollar. The S&P 500 index is trading at all-time highs because the large and mega-cap names are holding it up, but there is a lot of subsequent carnage (and increasingly so), which is a classic sign weβve topped off in the market. The M2 money supply peaked in February of 2021, which coincided with the top in the most speculative parts of the market, including SPACs and Cathie Woodβs ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that itβd take them years for them to grow into their respective valuations, so either these companies grow at a much faster pace, which is unlikely, to βcatch upβ to their stock prices, or their stock prices will have to come down to Earth