It’s mid-evening, so I figured now was the time to attempt to scare you, in order to deprive you of sleep. I understand a great many of you are long stocks, myself included. With that in mind, have a look at this (extra Large Marge)!
To put that chart into actual numbers, here are the returns of the HYG v the XLF. Notice how wide that divergence is year to date.
That’s almost a 10% differential! You people are smoking large bags of heroin if you think buying some dumbfuck oil pipeline company is a better investment than JPM or GS.
A reckoning is coming.
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I guess people think that some dumbfuck oil pipeline company is undervalued, if they believe erl is about to rise? That’s the first explanation that comes to my mind. I am agnostic on that, as I am uncertain as to whether erl is going to go up much from here or not.
Shut up frog. You are a communist that wants everyone to fucking walk. You would ban the bus. No one is fooled around here.
These terms do below not all mean the same thing, Ironbird. And Bernie does not exactly fit into any of them.
https://en.wikipedia.org/wiki/Communism
https://en.wikipedia.org/wiki/Socialism
https://en.wikipedia.org/wiki/Social_democracy
Bernie is not proposing banning the bus, or cars either. Since Congress is so far to the Right, if Bernie is elected, all he would do is push the U.S. government ever so slightly to the Left, which it sure could use.
Right Wingers invent a straw man, that is, a false argument set up to be defeated– and then attack the straw man. Progressives are not who you say we are.
Horseshit. You are a commie and do not even realize it. What if life was fun frog? Have you ever considered such an outlandish idea? I doubt it.
Fly, I’m ahead of you on this and have a nice HYG short going. One thing that may be holding it up is that the ECB is buying corporate bonds, but not buying equities (yet?).
Once the rain starts, then I’m sure HYG will provide a nice anchor for the Ark
Be careful. NIRP world has different rules no one but they are writing. Trades change.
Yup, rules change -> trades change.
Maybe the FED will start to buy Investment grade, causing all bonds to rise (just as the ECB has). However, I still figure that there won’t be a need for CBs to buy bonds until they start dropping. I’ll probably have to ditch them early though, anticipating the new rulebook.
Indeed. Was thinking more just dead money.