Ok, so the cool hedge-funders are already inside (all-in since a few weeks ago), drinking Crystal at the VIP tables. The wanna-be cool institutional fund mangers were a little late to buy tickets and enter, but they are now on the dance floor (see latest AAII data). Some of the crazy RobinHooders who normally are irrelevant for these type of bashes are now actually also inside because the have committed to only be drinking call-shots – and despite being low-ticket items they can be very important for creating the right melt-up atmosphere (gamma). Last week, the Bridge&Tunnel people came as well, and are now creating massive queues outside (retail equity fund inflow).
Now, what really could get this party going is if the quant nerds get a hunch of the party and start moving in. They run size and the better the party gets the more dollars they will contribute
1. As of Fridays close, GS systematic strats team forecast +$25B worth of equity demand over the next week in a flat tape and +$37B worth of equity demand over the next week in an “up modest scenario”.
2. As of Fridays close, GS systematic strats team forecast +$69B worth of equity demand over the next month in a flat tape and +$137B worth of equity demand over the next month in an “up modest scenario”.