You need a PLUS account to view this content. Try one month of PLUS for FREE.
Already have an account? log in
Leverage!
lev·er·age
noun
Why the vast majority of my drinks were free in the four-year period from 2008 to 2012.
Wait, that's the wrong definition. Let me try again.
verb
Use borrowed capital for (an investment), expecting the profits made to be greater than the interest payable.
That's closer to where I was going with this.
Tuesday was one of those days: A day when a geopolitical black swan demanded any and all space above the digital fold, thereby rendering every other story te
The risk-taking reminds me of CDOs and subprimes in ’08. I’m not suggesting we’ll experience another GFC, but those charts are…thought-provoking. Looks like an elevator up (not stairs). What would that feel like in reverse lol? I laugh b/c I remember and I survived. It sucks even if you’re “prepared.”
I have levered, borrowed, financed my feelings for to many years. I said no more 6 months ago! Leverage? H you are correct, it’s bad in life and economics! Write on…
1 day VIX was 6 before a junta in a major economy. The Christmas melt up thesis is everywhere I look. Getting to be no one can sell vol no more.