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Leverage!
lev·er·age
noun
Why the vast majority of my drinks were free in the four-year period from 2
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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.