3 ms·
Indeed, it's like robbing a bank while the bank is holding a party. Except its everyone's portfolios who are invested in the index funds with potential exposure
by toomuchtodo 5mo ago
Indeed, it's like robbing a bank while the bank is holding a party. Except its everyone's portfolios who are invested in the index funds with potential exposure in scope.
High level, it's concerning to observe this unfold while almost every asset class is at its peak and there is no one willing to purchase (office real estate [1] [2], private equity [3], us equities [4], crypto, etc). Late Stage Capital Markets when you've exhausted greater fools available.
[1] Office Real Estate Is Facing ‘a Year of Reckoning’ in 2025 - https://www.bloomberg.com/news/features/2024-12-18/commercial-real-estate-can-no-longer-ignore-its-problems https://www.bloomberg.com/news/features/2024-12-18/commercia... | https://archive.today/fTPSY https://archive.today/fTPSY - December 18, 2024
[2] Blackstone Is About to Take a 54% Loss on Iconic Seattle Tower - https://www.bloomberg.com/news/articles/2026-05-29/blackstone-is-about-to-take-a-54-loss-on-iconic-seattle-tower https://www.bloomberg.com/news/articles/2026-05-29/blackston... | https://archive.today/fcA8W https://archive.today/fcA8W - May 29, 2026
[3] https://news.ycombinator.com/item?id=47049024 https://news.ycombinator.com/item?id=47049024 (citations)
[4] BlackRock Scales Back Equities After ‘Generational’ Earnings [Peak S&P] - https://www.bloomberg.com/news/articles/2026-05-29/blackrock-scales-back-equities-after-generational-earnings https://www.bloomberg.com/news/articles/2026-05-29/blackrock... | https://archive.today/lMIcH https://archive.today/lMIcH - May 29th, 2026