Everybody Expects A 1999-Style ‘Melt Up’

Whitney Tilson’s email to investors discussing that everybody expects a 1999-style ‘melt up’.Q3 2020 hedge fund letters, conferences and moreA 1999-Style Melt Up Is Likely1) My colleague Enrique Abeyta has been pounding the table since March that the market is going higher – and he has been 100% right so far.He’s also on record saying he thinks a 1999-style “melt up” is likely going forward, and just sent me some fascinating charts about this from The Market Ear, with the following comments:My view about the coming melt-up is no longer as out-of-consensus as it once was.I still think it’s goin…

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