“Slim margin”of error for Goldilocks.
“Am I wrong?”
Days like today are always amusing to the extent they bring out the Don Quixote in people.
For now, the market mood seems to be something akin to “fuck it, we’ll worry about this later”.
This is not going to be for the faint of heart.
No shortage of event risk.
“We will probably never know, but I think it’s an interesting exercise to speculate on the reasons for the massive bet.”
“… and the sun became black as sackcloth.”
The stamina of the secessionists and the propitiation of the populists…
“How bad do you think it’s gonna be?”
Looks like all of that defiance dried up pretty quick.
Anyone home out there?
“The beginning of the euro’s impressive rally coincided with Emmanuel Macron winning the French presidential election and thereby quashing political fears in the region. A correction in the euro is now likely to coincide with Spain and Germany bringing those risks back into the light.”
“It’s yet another example of how the global narrative increasingly resembles a tag team wrestling exhibition. Or at least a heated he said, she said rumble.”