Eric Jackson backs Tom Lee’s Bitcoin-led stocks link, calls signal too noisy
EMJ Capital founder Eric Jackson says FundStrat’s Tom Lee is statistically right that crypto has historically led stocks by about a month, but he says the trading signal is too noisy to bet on.
EMJ Capital founder Eric Jackson put FundStrat’s Tom Lee to the test over his assertion that crypto has historically led the stock market by about a month.
Jackson confirmed Lee's basic observation was statistically sound but deemed the resulting trading signal too noisy to trade.Analyzing 143 mont…