RT Julien Bittel, CFA (@BittelJulien)Ok, let’s get one thing straight…Delinquency rates on credit card loans (or otherwise) are not a leading indicator. The ISM is not a leading indicator. PMIs are not a leading indicator. Heavy truck sales are not a leading indicator. Job openings are not a leading indicator. Consumer confidence is not a leading indicator. Small business confidence is not a leading indicator. Durable goods orders are not a leading indicator. Capital goods orders are not a leading indicator ...

this is a good learning tweetthe market decisions you make are a function of the information you consumetraders look at charts, macro, and "vibes" (which are a real and useful thing)the problem is these things are largely lagging indicatorsbuilders in crypto have the edge that they can see leading indicators like impactful product, BD, or technical releases, incoming talent quality/quantity, and startup ecosystem healthany signal shorterm will be choppy, but given the talent level entering crypto, the postu ...