06182021 :: Friday finance

A partial digest

Many markets did not fare well this past week, the DOW and gold in particular. Premature bets continued to be placed, which is to say that many people, traders, investors, however we refer to them, have been gambling, far and wide. Meme stocks and crypto and social media users get so much attention, yet there is actually very little separating folks at this time, including the “smart money” (which rarely looks that smart anymore, if it ever did).

There are many different groups, including the group that made the premature bet that…