This seems to be secret code to me to remember something I forgot. I cannot think about it at this moment, because the Warriors just came out of half-time in game 1 of the NBA champion finals. Be back after the end of the game, heh. (To put it in terms Canadians like Nine can understand, it's like the Maple Leafs v. NY Islanders fighting for the Stanley Cup.)
Funny how when Dimon says something that could affect the market people listen and ponder, but when Musk says something similar the SEC wants to fine him and the hate media says he's gaming the market.
The algos are starting to build in a "if a major hedge fund manager (besides Dalio) says the world is ending, the bottom is in"
Musk and his companies clearly haven't paid off the right people. And the people at the SEC have revolving doors with the big Banks. Don't want to piss them off too much for when they need that cushy job in future. No one from the SEC wants to work for TESLA, although Musk could probably do well by hiring some ex SEC lawyers. He did tweet last month that he was looking to hire lots of lawyers.
That reminds me of former US AG Eric Holder who admitted that he didn't sue any participants of the GFC because they were Too Big to Sue, but in reality it was because he became Chief Counsel at Citibank after he left. Just another scumbag from the Obama administration.
False After stepping down from his role in the Obama Administration, Eric Holder returned to his law firm of Covington & Burling in corporate litigation.
%% Maybe right , but his point about Holders crookedness still stands, for sure. I double checked it; Holder sued S&P for rightly downgrading US debt. And really dont have time to list all his known+ many goofs
The market is smarter than individuals. He may be completely correct. He was, however saying things are fine back in January. He’s seeing now, what the market saw in January. Individuals are always late. Having said that, the market certainly isn’t saying- all clear!