Tune in for this special edition of the Daily Briefing to hear from Ash and Raoul live at 4:30 PM ET. Raoul will provide an update on his macro thesis, trades…
This "capitalism" is only attractive to parasites, predators, kleptocrats, legalized looters, embezzlers, fraudsters and all those insiders whose palms get greased along the way...
History says a +44 VIX means you have a decision to make, because 94 percent of the observations back to 1990 when the VIX closed over that level occurred in just 2 timeframes: 2008/2009 and 2020.
Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.
"The adjustment of risky asset prices to the weaker epidemic and economic outlook could continue, which is not encouraging for risk asset prices in the coming days, especially given the uncertainty regarding the U.S. elections."
