There is no man on this planet who wants to see the market down more than me. But, having said all of that and knowing the market — I could never sell short into the hole without upside hedges. This market is already down 30%. I made the bulk of my +50% returns in the beginning of the year and have been careful since then.
Because I am a professional.
But you can’t stop what is coming.
ROUBINI: STAGFLATION DEBT CRISIS COMINGpic.twitter.com/u3kpKuvDCZ
— The_Real_Fly (@The_Real_Fly) October 25, 2022
Czech had relied upon Russia for 100% of their gas imports before the war, now zero. It is unusually warm in Europe now — but that will not persist. We have a substantial problem ahead of us and Europe is going to be de-industrialized.
All that aside, markets looks great. Get ready for mashed potatoes and turkey legs.
I’m +60bps for session whilst bearish as fuck — waiting in the tall grass for fresh meat (pause).If you enjoy the content at iBankCoin, please follow us on Twitter
I’m up 6% for the day and loading UVIX. Thanks BOIL and TLT
The most talked about, telegraphed recession in my time raises the hackles. Like we are being warned from Government, Wall St CEO’s, main stream media; everybody knows about this recession. I could see a political stance perhaps, like “we told you it was coming so no surprises eh”. Whatever else is being supressed in this two weeks is no doubt equally important.
recessions and reality have been outlawed for 2 weeks.
Fill up at the gas station before e day