2021 is the Year That the Turds Hit the Pavement

from Zero Hedge

Via AdventuresInCapitalism.com,

What The QS???

Over the past few quarters, I have written about various Event-Driven set-ups. This is because mismatches between buyers and sellers cluster around these events and drive share prices. If you’re waiting for fundamentals to matter, you may eventually be proven right, but you had better be willing to wait. Event-Driven situations are immediate.

Why have Event-Driven moves become so much more accentuated lately? I think it’s a combination of the increasing dominance of passive over active, leading to less liquidity in the markets—while passive vehicles try and move increasingly larger blocks of stock anyway. This is then accentuated by retail traders who have literally no idea what they’re doing.

Continue Reading at ZeroHedge.com…