Where the problem lies my friend, is if the various Central Banks need to crash the Economies or cause demand destruction to end entrenched Inflation. Remember, this is almost Global, Champ.
"Almost global"? Who is not affected by this? Wouldn't it be local or global, and nothing in between?
You're right, not going to argue with you, because you make total sense. You and Ken are brothers-in-arms. Not only are we going to drop to Covid lows of 2300 in the ES, but we are going to drop back down to the lows of the 1987 financial crash of what was it? 250? And it is going to happen really FAST! In a f-ing month, all because Canada and Japan and BOE and ECB are raising rates a little bit.
Nah, you're WRONG there. Japan has had a Deflation problem for decades, so count them out. But if the Economies of Merica, Europe, Britian, Canada, Australia et al have to be crashed to contain Inflation, it will be a Global CRASH. But I'm not certain it'll go that far. Now, go wax your bald head.
No need to wax a bald head when you are sweating a 4200 long position swing in the ES. Sweat is a natural lubricant. And I'm not bald, by the way. Although I should prolly shave the shit off when it gets warm in NE.