Harry.
Translation: this is not a drill, dammit.
Translation: this is not a drill, dammit.
Rollercoaster.
Good luck, we’re all counting on you…
“Why should we pay good money to buy put options as a hedge on our portfolio when the Fed will give us a put option for free? I think this is the most far-reaching and transformative effect of the extraordinary central bank policies of the past eight years — we are no longer afraid of things that go bump in the night.”
Well, that didn’t disappoint.
“Stirred, in a half-carafe.”
Predictably, it went awry almost immediately.
So yeah, people are talking about reserve diversification.Â
It’s a celebration.
All eyes on (geo)politics. And Canada. Of course.
“Not like everybody says.”
“You can go about your business. Move along.”
Everything but…
Ok, who’s ready to grab the new week by the…
“He’s just gonna decide – out of the blue! – to rip us off?”
“Restocking.” Figuratively and literally.
Cheers to you in the new year…
Who’s still drunk?
Who knows, maybe folks spent last week selling their stocks and plowing the proceeds into Bitcoin.
“The prevailing wisdom is that there are two great housing bubbles out there today”…
Investors don’t care.
“Felix, you had me at hello”…
Well, if you take your cues from China, it was an inauspicious start to the week.
“…this is very bad news for the stock market.”
Buckle up.
Some folks are defaulting.
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