BIG developments in stock land today.
We’ve got VIX above 20. Panic mode.
We’ve got oil getting hit and oil stocks smashed.
We’ve got gold and bonds tough as nails, ripping upwards.
And we’ve got today’s special high yield and leverage loans shredded soup.
Last year was different, or was it? It’s happening again — just like it did then. Who am I to stand of the way of reversion? Get your pees and qs in order, son — for if the shit hits the fan this time around –it’ll be for keeps. Millennial faggots trapped to death inside of their commission free Schwab accounts — ironically bogged out. Maybe we rally, or maybe we don’t. Feeling tough? I bet you are, but not for long.
I have more than 50% cash in my trading account and have been that way for a few days. There was a disruption in the Matrix which caused me to miss some trades. Now I find myself long TZA in an overnight trade from yesterday.
THAT’S WHO I AM — and you’re nothing.
Fuck you, go home and play with your kids.
If you enjoy the content at iBankCoin, please follow us on Twitter
Corporate capital expenditure budgets for 2020 will be lean and mean.
CAPEX is malleable.
Your face is malleable.
The great illusion about the Republcian 1% tax cut and QE in general is that company’s would increase capex if they had cheaper money available. Pushing on a string.
They were under no illusions. They new it was all about wealth transfer, not investment in the future.
I stand corrected: the great deception.
1. Beginning of Bronze Age collapse
2. This
How’s your Benz?
TZA, Bitchezz!!