Trader: Investors Have Become ‘A Great Passel Of Hogs’ Who Will Be Summarily ‘Butchered’

“In a financial world characterized by central bank front running and put issuing, being a swine has been acceptable behavior. You can play the part and not get slapped. However, as we start to seriously contemplate tapering or, dare I say it, normalizing, the risk becomes that the great passel of hogs does meet their prophesized fate and gets butchered.”

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