Dumb. Just end of year buying to shore up balance sheets and lessen unrealized losses. Inflation is here to stay for the long haul. 10yr yield going over 6% before it's all over. If you think anyone continues buying bonds in Jen/Feb you're out of your mind. No rate cuts in sight
They won't. The illusion will shatter. Look with your eyes not your ego
The biggest thing to break in an economy has already broken. What's worse? Pricing instability or a few broken banks?? The Fed will ensure instant credit to prevent bank runs but no one can be saved this time. The Fed has raised rates for 18 months now in an attempt to 'tighten financial conditions' and in that 18 months financial conditions have only loosened. The banking system has a self-healing mechanism. Any failures and they'll gobble each other up as the Fed backstops their credit. The belief that anyone gets saved this time is just that. The Fed HAS to hold rates. The Fed HAS to continue selling down the balance sheet. Anything else and we have runaway inflation. The Feds hands are tied and when the Reverse Repos are emptied out there's not a force in the world that can stop the capitulation in the bond market.
Post as many pictures as you'd like, it doesn't protect you from what's to come
Currently I'm waiting for a better entry point in TYO. This is gonna turn hard when markets realize Fed isn't gonna save them this time
Looking at several REITs to short. Many gobbled up mass amounts of Real Estate at the height of the bubble and now their depreciation expenses exceed rent increases. Commercial is toast already. DRV can be great if you can time it.
DWAC merger by end of year. 30 mil shares in the float and roughly 100 mil short. AMC and GME never had an event that triggered the squeeze. A DeSPAC / reverse merger forces the squeeze. I also like NUBI, don't share it. SYM has contracts with Walmart Amazon, waiting for a market washout to get a better price.