FAST FIVE: John Authers: Watching For "Unrest" Over EM Food Prices And Whether Elon Musk Has "Jumped The Shark"

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He notes that while the 2008 price spike was driver by oil, there's no such pressure now.

With America's twin deficits approaching 20% of GDP, it is difficult to get bullish about the US dollar, especially against commodities and hard assets.

“The narrative involving Musk and cryptocurrencies has taken a much darker turn,” Authers writes.

Hubris, or “pride comes before a fall” is one of the oldest human narratives.

And as there have been plenty of signs of investment bubbles, particularly in crypto but also┬áin the range of growth and “meme” stocks that support them, a burst bubble looms as another potentially self-fulfilling narrative.

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