URGENT COMMUNIQUE
1. A MASSIVE AND COORDINATED PHYSICAL ATTACK WAS LAUNCHED ON BISHOPS, PRIESTS, DEACONS, SEMINARIANS, AND OTHER ARMENIAN COMMUNITY MEMBERS IN JERUSALEM. SEVERAL PRIESTS, STUDENTS OF THE ARMENIAN THEOLOGICAL ACADEMY, AND INDIGENOUS ARMENIANS ARE SERIOUSLY INJURED
Europe is experiencing a massive exogenous macro shock. Yet people are still asking me about positioning in EURUSD. i.e., "Is everyone short??"
Macro is bigger than positioning.
Everyone was long USDJPY 80 to 120 in 2012-2015. Everyone was long EURUSD 1.05 to 1.40 in 2003-2006.