We’ll stick mostly to numbers this morning; our macro update, coming your way later today, will have more meat to it.
“In a crowd every sentiment and act is contagious, and contagious to such a degree that an individual readily sacrifices his personal interest to the collective interest.”
“…to be induced to commit acts contrary to his most obvious interests and his best-known habits. An individual in a crowd is a grain of sand amid other grains of sand, which the wind stirs up at will.”
Have a nice day!