OH. MY. GOODNESS.
CITADEL HAS BOUGHT A MAJORITY OF THE PUBLIC ASSETS FROM LEOPOLD'S SITUATIONAL AWARENESS FUND.
So...Citadel scares everyone on Tuesday about a surprise rate hike during FOMC that WE ALL KNEW was not going to happen...
On Wednesday, the entire market freaks out about the rate hike which causes the selling to compound on itself creating 50-70% drawdowns across the board in high beta semicondcutor names...
Which means Leopold who we now know had $45B of assets and was 400% LEVERED ends up being the sacrifice as he gets liquidated at what theoretically could be the bottom due to not having the margin requirements to keep solvent...
AND THE PERSON WHO CAUSED THE SELLOFF WITH THE RATE HIKE FEARS ENDS UP COMING IN TO BUY HIS ASSETS FOR 40 TO 50 CENTS ON THE DOLLAR.
By the way, Leopold is getting married this weekend. I think he wanted to make sure he wasn't getting margin called during his wedding.
A vet on wall street in Ken Griffin takes out the young new kid.
ABSOLUTE. CINEMA.
Wow did you hear what those Republican congressmen said to that bad guy in the hearing? Lol man they really ripped him apart. It was so awesome. What’s that? Oh no the bad guy won’t be arrested or charged with any crime or suffer any consequences of any kind at all. No, there will be no follow up on the hearing, no relevant legislation passed in response to it, no changes of any kind made at all ever. But did you see that viral clip of that one senator? He even used a cuss word! A real cuss word! He’s so tough and brave. I’m so impressed. Aren’t you?
@MurrayHillGuy1 The restaurants, hotspots, the events get old. It becomes repetitive. Add a kid to the mix and the priorities for that stuff plummets more.
I do see people moving back to the city after their kids are gone. They downsize and want to hit the bars and events again.
From ‘billionaires’ to anything above $50 million in 6 days time.
Next stop, anyone that has over $1 million net worth. Which is almost anyone with some home equity and a 401k.
Slippery slope is not a fallacy. Socialists will not stop until they control everything you work for.