It’s always comforting to see the NPC’s at peace with markets surging higher — especially since I know they’ll all be flayed alive in the coming fires.
Over the last week we bore witness to an 8% rally in the NASDAQ, based off a little of this and a little of that. This has once again emboldened the permanent bull class of imvestoor to remain obstinate and boast of their returns largess, as they meander between their multi-layer fictions. It’s all an elaborate scam — but they enjoy being lied to and never consider selling because it would fracture their world view.
I, on the other hand, have no world view, only moments of passing interests and contempt.
I finished the week where I began, flat, and have a full roster of old man stocks with a monster sized hedge in FAZ.
HAGW, I will now proceed to break my back moving more boxes.If you enjoy the content at iBankCoin, please follow us on Twitter