@chutneylife the debt crisis camp believes rates are going to infinity, and they're right, but not before they head to 1% for the final FED driven pump. Treasuries now, bitcoin and short treasuries later.
@blancxbt@hedgedhog7 50% haircut. Of course though it all depends on USD and what happens there which will impact the speed of its recovery. But I think we get a 50% haircut which precedes hyperinflation, so unlike 1999 which started a lost decade, you will not want to sell this dip.
@NoRiskNoPremium I don't think it's bearish but we're running out of upside. I don't think we have another move like we did in April. To get higher, we need to print substantially more money, which will happen after the next crisis.
@dudeonthebay What a douche. The republicans may suck, but Fauci's conduct needs to be studied, remedied, punished. This, Epstein, Iran, Russia are the issues they ran on, the issues people care about. Only they did the opposite. Don't make Fauci out to be some hero.
@amitisinvesting This is 1999. 50% haircut coming for nasdaq. It's all about valuations to the money supply. Earnings are great but totally circular. With so many trillion dollar companies, show me one company earning over 200BN.