According to Bank of America, there are four possible scenarios resulting from next week's historic events - the FOMC decision and the G-20 meeting - and one of them could lead to a 12% plunge in the S&P
"History is repeating itself, and with a vengeance," John Dean told the judiciary committee, drawing a parallel between Watergate and 'Russiagate'... But what strikes this veteran of Nixon’s White House is not the similarities but the stark differences.
"will there be further follow-through of this ongoing “stress event” in USD Rate Vol space, as the “upper left” is evidencing tremendous pain for Dealers who are exacerbating this outrageous front-end squeeze..."
At this stage, only Johnson can do Johnson in. It's possible, but don't bet on it. In politics, one month is long time. That's the only reason not to give Johnson higher than an 83% chance right now...