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Fed Frontrunning Trumps Hellenic Turmoil (For Now)
Buy it... Buy it all...
Bond bid, stocks bid...
As stocks fill the gap from Sunday night...
But VIX is bid...
And credit protection is bid...
Seems like not everyone is as excited about tomorrow as stocks...
Charts: Bloomberg
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If i had a dime each time this happened.
Oh well, BTFTop!!
Credit protection bid.
Well, that one is funny.
Same shit different month.
But its official, grade-A FED shit.......
I see what you did there. It's a subliminal endorsement for Donald Trump, isn't it?
The song remains the same, more bread and circuses...
Fake, manipulated markets never make sense.
Nothing changes until an up-jumps-the-Devil geopolitical event/s.
Im waiting for the day when everyone wants to cash out. There isn't enough "real" fiat in the world to cover it. Fractional reserve lending is a real bitch when levered up to the levels it is today, and make believe balance sheets aren't going to help.
Its like going to a casino where everyone is winning at the tables, but when they want to cash out at the end of the night the casino only has 5% of the fiat in their vault and you stuck with their worthless chips.
Hotel California. Bid it up but you can never leave.
Buy Dow index
Sell SPX
Weighted equally in $ terms.
If index goes up your winning/losing roughly equally.
If index goes down winning/losing roughly equal
Sell the winner, hopefully await loser to reverse
Not a recommendation!
But has worked for me, nerves of steel + plenty $ required
Faith and patience required, Dominant idea 'you have to know general trend of Mr market'