One Trader Weighs In On Thursday’s Trio Of Risk Event Hellspawn

One Trader Weighs In On Thursday’s Trio Of Risk Event Hellspawn

Obviously this week is all about Thursday. Elections in the UK, Comey testimony, and the ECB. We got a temporary reprieve from the psychological burden of having to wait four days to know our fate when Qatar stole the spotlight on Monday. But then again, that's only an accurate assessment if you believe geopolitical turmoil counts as a "reprieve" from other geopolitical turmoil. In any event, the market began to slowly turn its attention away from Doha and towards Thursday's terrible trio duri
Subscribe or log in to read the rest of this content.

One thought on “One Trader Weighs In On Thursday’s Trio Of Risk Event Hellspawn

  1. Come on, H. I love coming here and perusing the articles; they entertain me. That is all news does anymore – it entertains. I don’t know if you want to blame Rupert Murdoch or Ted Turner for media environment we live in, but it all amounts to the same damn thing. Everything is a huge deal (even if it isn’t) until all of a sudden shit gets real and then we’re all riding in the same handbasket, postmarked for the 9th circle of hell. In my opinion, none of these things is going to make a dent in markets because the markets cannot be riled. It’s gospel now, we’re living it. The shame of it is that when everything is blown out of proportion it drowns out the signal.

    But…one of these days we’re going to wake up and it’s going to be real again, because something happened that no one anticipated. That is what makes this kind of behavior frightening, because it builds these irrational assumptions that eventually are proven wrong. I don’t know what’s going to pop the bubble this time, or when (if I did I wouldn’t be sharing) but I know it’s coming, and sadly, it won’t be anything on anyone’s radar. The resilience of our markets is overrated. I hope that our political systems prove to be more robust.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints