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I wouldnt be surprised if it turned out to be bigger than 2008 by some order of magnitude. But has the market priced this in yet? Are there financial instrument
by thinkingkong 3y ago
I wouldnt be surprised if it turned out to be bigger than 2008 by some order of magnitude. But has the market priced this in yet? Are there financial instruments that you can monitor to see what big players might be thinking?
Im also not really optimistic anyone will stay angry enough for anything to happen. The news cycle burns so hot right now that people seem to be OK with paying almost double for food and still people are like “ooh but theres so much content”.
- ganeshkrishnan 3y ago>But has the market priced this in yet? The market is currently on a blind bull run stampede because too many retail are short and holding puts or outright shorts. This was exacerbated few months back when Burry tweeted "SELL" and millions or retail traders straight out started shorting stocks and buying puts. SPX and TSLA is running up for absolutely no reason beyond their wildest EPS just to bankrupt the retail. I suspect it will keep running for months until all the retail have either bought in to the bull run or died of trying to short the market. When that happens is when the music stops for this game of musical chair.