https://www.zerohedge.com/news/2019-08-12/stocks-slammed-traders-seek-safe-havens-geopolitical-chaos
How could this little bit of market wisdom not bring joy to everyone?
CNBC Anchor: "Equity markets have picked up a bit, now down just 430 points"
Bagholder On CNBC: "...we don't want to sell, we are long term investors."
AAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAHA
The Rever rennnnddd is officially administering the Last Rites on this cycle
because we haven't seen this show before - '98/dotcom
Eerily echoing 1998's performance...
RUN! RUN FOR THE DEBT THAT WILL EITHER BE DEFAULTED UPON OR INFLATED AWAY!!!!!!!!!!!!!!!!!!
Treasury yields reverted back to collapsing today (led by the long-end)...
AND WE'RE BREAKING RECORDS!
5Y FORWARD 10Y SPREAD AT A RECORD LOW! WORSE THAN THE 2008 CRASH!
Who the hell wouldn't lend Argentina money for a hundet years???
Yuan continuing to make those tariffs useless
Make sure to take physical delivery, because those paper contracts are worthless!
Global negative yielding debt hits almost $15.5 trillion!
And for now, the market-implied odds of a trade deal saving the world are around 12%...
The Rever rennnnndddd prophesizes the actual odds of a trade deal saving the world is one hundet percent FUCK YOU!
And everything else is well in the world:
eopolitical chaos drove risk-off today
China trade war
Hong Kong revolt
PLA buildup
German recession
Italeave
Epstein farce
Argentina's ARS pounded
Kashmir chaos
Russian nuke explosion
Iran tanker safari
Is anybody stressed out? Is anyone worried? The Rever rennnndddd says keep the faith. And the best way to keep the faith is through large donations for your salvation.