iBankCoin

Markets Disappoint; the Ark Floats

It looked like the market wanted to rally a bit, then the dust storms settled upon Wall, and investors began to choke on their own bullshit.

At the same time, Pershing Square is being dismantled, with VRX taken to the woodshed, off by 16%. That equates to a $190 million loss for the old Gotham manager.
image

Separately, government bonds continue to outperform.

image

I am short of complacency in global terms. Save yourselves from heinous sized losses. Board the ark.

If you enjoy the content at iBankCoin, please follow us on Twitter

8 comments

  1. Marc David

    Is there room for a rufous sengi like myself?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. blahblahblah

    damn you PBoC. (lolz)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. it is showtime

    The lighting is oddly flickering above my martini glass

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. anjing bau

    did you see Jeff Saut’s note this morning

    http://www.raymondjames.com/inv_strat.htm

    today’s sideways to down day is the pause that refreshes…..

    • 0
    • 0
    • 0 Deem this to be "Fake News"