Does Any of This Make Sense?

The economy looks kind of crazy.

1. Iceberg, Right Ahead

Here is a story from Bloomberg:

During the past 12 months, almost 750 money-losing firms have sold shares in the secondary market, exceeding those that make profits by the biggest margin since at least 1982, data compiled by Sundial Capital Research show.

“That perhaps points to companies getting greedy,” said Mike Bai…

This post is for paying subscribers