BIG SHORT ll

[Happytrails]

I wonder how different the outcomes will be between October 1929 and now. The 30's were economically devastating to agriculture which was the dominant occupation. Widespread urban famine wasn't an issue then. Now it might be.

[errolanderson]

There is still no sign of ‘max fear’ in investors. The VIX index has a ways-to-go. Buy-the-dippers have to be overwhelmed before there is evidence of a market bottom and final capitulation.

Realize this may sound ridiculous, but the easy money is now panicked and on-the-run. Markets are highly emotional, a pure reflection of human emotion . . . .

[helmsdale]

There is still no sign of ‘max fear’ in investors. The VIX index has a ways-to-go. Buy-the-dippers have to be overwhelmed before there is evidence of a market bottom and final capitulation.

Realize this may sound ridiculous, but the easy money is now panicked and on-the-run. Markets are highly emotional, a pure reflection of human emotion . . . .

At some point the BTFD crowd will be right...

[sumdumguy]

BTFD crowd?

[AlbertaFarmer5]

BTFD crowd?

According to Google that stands for Burlington township fire department. Makes perfect sense to me.

[biglentil]

BTFD crowd?

Buy the f'ing dip, common among the hodl crowd (hang in for dear life).

[jazz]

The Bank of England just pivoted overnight., After a few rate increases, their currency broke, so they are now back to buying bonds.

Same thing will happen here in a few months. A super indebted west who has sent its productive capacity abroad to chase the fiat dream is ripe for a sovereign debt crisis. We will be living with high inflation for a while.

[errolanderson]

The Bank of England just pivoted overnight., After a few rate increases, their currency broke, so they are now back to buying bonds.

Same thing will happen here in a few months. A super indebted west who has sent its productive capacity abroad to chase the fiat dream is ripe for a sovereign debt crisis. We will be living with high inflation for a while.

Central bank policy is a total mess . . . . Watch the Fed panic in early 2023 when the wheels totally fall-off- the-wagon.

[shtferbrains]

The Bank of England just pivoted overnight., After a few rate increases, their currency broke, so they are now back to buying bonds.

Same thing will happen here in a few months. A super indebted west who has sent its productive capacity abroad to chase the fiat dream is ripe for a sovereign debt crisis. We will be living with high inflation for a while.

One report that things were breaking so fast the pension funds can't make the margin calls so BOE came in with support.
Some now predicting 22% inflation in the works for Britain if more QE.

It's a tangled web for sure.

Sometimes you think you are looking ahead but soon realize it already happened.

[errolanderson]

One report that things were breaking so fast the pension funds can't make the margin calls so BOE came in with support.
Some now predicting 22% inflation in the works for Britain if more QE.

It's a tangled web for sure.

Sometimes you think you are looking ahead but soon realize it already happened.

Pension funds are simply deer staring in-the-headlights. Can only perform when the good times of money printing roll . . . .

[biglentil]

When Errol finally likes gold then you can be assured sh!t has hit the fan.

[errolanderson]

This is the jest of Janet Yellen's comments this week; Financial markets are functioning normally. The U.S. will likely dodge a recession. Inflation is too high, ie; rates will continue to climb. Basically, nothing to see here.

Guess we can all relax now . . . .