My prediction is OMG, I’m either going to have the best or worst day of my shorting career. I have quite a few XLF puts.
In a logical world spreads on treasuries would blow out and stocks would shit the bed. This is not that world.
Short term I wouldn’t even hazard a guess. This is bad for financials, very bad. Bailouts seems like a good idea, but the underlying implication is that the finance industry is not just unstable, but in danger of collapse.
Note to Rich, this IS inflationary. The only question is, will the bond/currency markets react?
I look for the market to turn after the European markets close. That’s happened rather frequently of late. I don’t know why, but the US markets seem to enjoy wrongfooting the Europeans.
I look for the market to turn after the European markets close. That’s happened rather frequently of late. I don’t know why, but the US markets seem to enjoy wrongfooting the Europeans.
I look for the market to turn after the European markets close. That’s happened rather frequently of late. I don’t know why, but the US markets seem to enjoy wrongfooting the Europeans.
I look for the market to turn after the European markets close. That’s happened rather frequently of late. I don’t know why, but the US markets seem to enjoy wrongfooting the Europeans.
I look for the market to turn after the European markets close. That’s happened rather frequently of late. I don’t know why, but the US markets seem to enjoy wrongfooting the Europeans.
I am just gonna venture a guess, but I think that this will send stocks up, spreads down, and everyone will be all happy that uncle sam really cares. This will go on for about 6-8 weeks, until people realize the full ramifications of what happened, and itll all go south again. That seems kinda the MO for this down turn.
I am just gonna venture a guess, but I think that this will send stocks up, spreads down, and everyone will be all happy that uncle sam really cares. This will go on for about 6-8 weeks, until people realize the full ramifications of what happened, and itll all go south again. That seems kinda the MO for this down turn.
I am just gonna venture a guess, but I think that this will send stocks up, spreads down, and everyone will be all happy that uncle sam really cares. This will go on for about 6-8 weeks, until people realize the full ramifications of what happened, and itll all go south again. That seems kinda the MO for this down turn.
I am just gonna venture a guess, but I think that this will send stocks up, spreads down, and everyone will be all happy that uncle sam really cares. This will go on for about 6-8 weeks, until people realize the full ramifications of what happened, and itll all go south again. That seems kinda the MO for this down turn.
I am just gonna venture a guess, but I think that this will send stocks up, spreads down, and everyone will be all happy that uncle sam really cares. This will go on for about 6-8 weeks, until people realize the full ramifications of what happened, and itll all go south again. That seems kinda the MO for this down turn.
