This is a very foreboding session for our favorite local investment banker. Look at the downside pin action in the banks, especially the foreign fuckers.
More to the point is the Italian bond-bund spread — currently and menacingly at 292bps. For those of you not versed in this language, it means Italian bonds are trading at nearly a 3% premium (300bps) to German bunds (10yr). This is significant because the EU is supposed to be a bloc. When a member state blows out like this it means the market is pricing in dislocation and possible exit from the union.
The specter of the EU imploding is hitting the European banks — similar to what we saw with BREXIT.
The play here is simple: buy the blood. This will turn out to be more nothing — but we need to time it correctly. Lucky for me, I am machine learning that can tell me exactly when the market is oversold. Lucky for you, you have me.
On the sidelines for now, waiting for a pivot.
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Interesting a lot of tech names not giving a shit.
FASmobile!
Give the signal, Mr. Fly!
Too late in the day.
Tech doesn’t care, this is true. But for how long?
This is why European stocks have been so cheap for so long. The Euro was a nice experiment.
Regards
Chuck Bennett
RIP EU + Eurozone
Fun times were had
Everyone saw this coming
Goodbye
Regards,
IZ
Was Roseanne drunk or did she want out of her contract? No way is she that stupid.
You give people too much credit.
Worse, she’s a female Republican.
Bullshit she is a lifelong Democrat
Yeah and that lady is the spitting image of the old school Planet of the Apes movies. If one looks just like a oompa loompa is calling that out racist as well. Joke or not it was true.
maybe it’s this time, sooner or later a fault is opening in the EU. A flawed idea carries on for a while but eventually somebody realizes the best way to improve is to break the fucking thing. A maverick will appear eventually. In the meantime handing ones currency and borders over to others is at the sametime causing the problem and containing it.
Tptb intentionally flooded the ez with a (predominantly) massive muslim migrant inflow
Guess what overall-situation becomes exacerbated with this opposing culture clash cauldron
But but what about roseann fly?!?!
Roseanne is an idiot and I feel bad for Jackie — because she’s not worth $300m and could’ve used a hit teevee show.
Ahahahhaha love it
> buy the blood. This will turn out to be more nothing — but we need to time it correctly.
Sage advice.
June will be a sorry month. Waiting for S&P 2600.
The greeks and the spanish were to week to default. But the Italians got serious balls and ready to say fuck it and end the euro and it’s debt.
F
People forget she was one of the biggest stars in the world for saying same shit 25 years ago.
Glad to see she hasn’t lost it.
Regards
Chuck Bennet