Shorting a market like this can end a young financial career before it really begins, but the risk reward of this setup into mid terms could definitely be a once in a life time trade. Timing is everything !
Neighbor , friend , mother, laid off after 22 years running a small store that specializes in stoves. Delivery drivers have been telling her for months the economy is dead. she said even during the 08 down turn they sold stoves steadily. Inflation, tariffs and fuel were to much
@LumberTrading I have a very close friend who retired in her late 20’s after building a small ATM empire in CA. There is definitely real cash to be made there. Or should I say there was at one time .
NEW:
🇺🇸🇮🇷 Details of the latest U.S.-Iran draft proposal, according to Amit Segal & various other sources:
– Iran agrees to a 15-year enrichment suspension, with the exception of research reactors for medical isotopes.
– Iran’s stockpile of 60% and 20% uranium would be partially converted to reactor fuel, and partially ‘downblended’ to a lower enrichment level. However, it won’t leave Iran.
– Full IAEA supervison on Iran’s nuclear sites.
– Opening the Strait of Hormuz, with the possibility of collecting tolls.
– The U.S. will offer Iran phased sanctions relief
– The U.S. will unfreeze all Iranian assets currently frozen abroad, amounting to $20 Billion or more.
– The U.S. will commit to a non-aggression pact with Iran that is ensured through a UN National Security Council resolution and a treaty ratified by Congress.
– The U.S. will withdraw all its military forces from the Persian Gulf.
@blakealbers My father and brothers raced bikes my whole life, we have two friends paralyzed from neck down from dirt bike accidents. Bikes are fun but extremely dangerous.
@BlacklionCTA@EconstratPB Diesel averaging over $7.45 a gallon in CA. Very low odds this can continue for a few months without major consequences and likely a recession.
Pop’s parked his high school fastback mustang right after he met my mother, yesterday his grandson opened the shop door and sat in the car, he wiped decades of dust off the odometer, 1300 miles…I assumed it had a 100k. I had no idea.