"For all of the oddities of this cycle, S&P has basically done exactly what it should have done following the peak of inflation (this analog goes back to the 1950s)."
- Goldman Sachs
to have clarity of thinking you have to consider both what is observed and unobserved
the majority forget unobserved events
with hindsight what occurred seems the obvious thing to happen
but it wasn’t
it was only one potential event that happened and was observed
weakest explanation of any price movements is attributing to some news or event
strongest explanation of price movements is telling me where this flow came from, onto what product, rough size, how it affected other products, how informed / leveraged this flow roughly is
when I was 22 I tracked down a particular ladyboy in Thailand who was said gave the best bjs
and it was indeed the best dick sucking I ever experienced
until @yaffebellany piece on @SBF_FTX in the @nytimes
top notch dick sucking ser
An open letter to SEC Chair Gary Gensler
I’ve been in #Bitcoin 9 years & have been a registered & licensed securities professional for 30 years. I’m a FINRA registered principal & majority owner of an SEC registered broker.
Let’s talk SBF/ FTX, DC politics & transparency:
👇👇
in trading, the fucking is retroactive, you dont know you fucked up until you are fucked
and there is very little way to unfuck it, because usually when you're fucked to the point of feeling lost, youre prolly somewhere between giga fucked (liq'd, more likely) and kinda fucked
Here's some α for you:
-When to heavy buy the risk asset dip?
If treasuries (orange line) are falling with stocks, watch your step.
When they finally react to the selloff and reverse, thats the early sign the market believes the Fed has seen enough bloodshed to ease off a bit.