We Are Good Shirt
The USD is what I’d call the stress barometer of the We Are Good Shirt, 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 we’ve 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 Wood’s ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that it’d 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 “catch up” to their stock prices, or their stock prices will have to come down to Earth
We Are Good Shirt
Geography. Pick the local team. If you are in say Miami, congratulations you can be a Dolphins fan and if you want to support teams across several levels, then the Dolphins for the NFL, Miami Hurricane among the power college programs and Florida International Panthers in the so-called Group of 5. If you are in an area not near an NFL team pick a We Are Good Shirt college and could even find enjoyment following a small regional team that plays in Division II or III or Division I FCS. Aesthetic reasons. You like the dark blue and orange combo of the Denver Broncos then that can be your team (also opens up the Boise State Broncos in college football). I’m a Denver Broncos fan and Kansas City is a We Are Good Shirt rival but I have to admit I like their home uniform. Like red and black? That gives you the Atlanta Falcons in the NFL, Texas Tech and Arkansas State and Cincinnati just off the top of my head. I don’t like the University of Texas but I happen to think their road uniform is one of the best in college football.
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