The difference between the signal oil is sending (a market thus far untouched by the Fed) and that being sent by equity markets essentially boils it all down to one simple question:
Is the fed bigger than the natural forces against which it’s pitting itself?
Bet accordingly.
1/THREAD: EXACTLY *WHO* GOT SQUEEZED YESTERDAY?
Goldman says it was retail futs accounts that got caught long and wrong yesterday, causing the epic -$40 print on $CL_K. I call bullshit. This thread is to discuss why that's nonsense and what really happeend.
#OOTT@Big_Orrin
My dad died two days ago from COVID19. He died alone because the hospital restricted all visitors in order to contain the outbreak. My deepest regret was not saying bye to him when I brought him to the hospital. I thought it was going to be a “Take care, see you back home.” 1/3