30-year high inflation + record unemployment + plague thats killed millions + trade war with china + socialist high-tax white house + record-high crime + tapering on the way + bond yields = ath stock market rally. seriously wtf but why ask why, its an insane world, just go with the flow : o
There is always a catalyst in hindsight. Logically its inflation but will probably be something straight out of left field.
@KCalhoun has a bearish bent, but he outright says he trades both ways. Nothing wrong with a little skepticism as long you aren't a permabear.
Curious if futs will be strong red or green, or flat, soon. Cpi ppi out early next week too, for more volatility. I bought 300 uvxy fri close, prolly fkd on that mon
Interesting viewpoint as it's probably 100% opposite of my own. I never really worried about evergrande as I won't touch chinese investments. I suppose there could be some mild deflationary impact if they default on their dollar denominated bonds, but it doesn't seem like that could be big enough to matter. All the articles I read on the subject never made a coherent argument for how evergrande could potentially spill over. Mind sharing your rationale?