George Noble Profile picture
Jun 3 8 tweets 6 min read
Reckless monetary policy has produced the everything bubble and lead to hyper financialization of the economy. Malinvestment is the result:
Investors will be shocked by the extent of the coming deluge in bankruptcies as the cost of capital normalizes for narrative driven, valuation free, hot air balloons. Tiger Global and many other funds will close. $ARKK, rather than #oil, is likely to hit @CathieDWood $12 target.
Talk about a misallocation of resources. We have too much of this:
And not enough of this:
Long energy $XOP and the truth vs short @CathieDWood, $ARKK, TIGER GLOBAL, @jimcramer @CNBC @RaoulGMI #btc #crypto @chamath and bubble narratives. #COM @CornerstoneOil @agnostoxxx @SHOPGod2 @WhiteTundraSG @biancoresearch LETS GET REAL

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More from @gnoble79

Jun 1
RAYMOND JAMES ENERGY DINNER
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May 25
Set a reminder for my upcoming Space! twitter.com/i/spaces/1dRJZ…
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Stocks Will Sink Further, Economist Rosenberg Says - TheStreet
thestreet.com/investing/econ…
2020-21: How do you create a bubble? Inject $5trn stimulus and +25% M2 growth! Bored and locked down at home, US public bought everything and created a super bubble / stocks, RE, bitcoin, NFTs, specs, art, IPOs, etc. Public partied like it was 1999.
Investors got spoiled rotten.
But all good things come to an end. and the odds are this isnt just a mama/papa troll bear...no one knows for sure but feels like an early dot.com bust or a granddaddy bear.
Read 6 tweets

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