Can only hope after all the negligence (money printing and
ramped debt) over the past 20+ years things don't totally unravel.
That has been and remains my major concern not just a
recession.
I've been in the financial markets since 1981. I've been a
portfolio manager since 1990. I can honestly say that I've never
seen markets that are poised to completely unravel like they are
now. I'm not saying it's going to happen. No one can predict that.
I'm just saying that the conditions are certainly in place for a
dramatic and climatic finish to an era that I believe is coming to
an end. The biggest changes are that globalization is going away,
dollar dominance is diminishing and will likely disappear in the
next several years. We will have two economies, one focused on
China/Russia and much of Asia. The other focused on USA/Europe and
"the West". Throw in the fact that current political conditions and
war in Europe are going to cause more reliance on fossil fuels,
which is going to slow down the process of, and we have more chance
of a total climate disaster. I'm not a pessimist. I never have
been, but I am more afraid for financial markets, and the condition
of our planet than ever before.
Posted by kevindeng0727 on 5th of May 2022 at 03:09 pm
Thanks for sharing the ideas. This recent drama in Shanghai and
other cities reminds lots of sharp people of China going back to
the era before 1980s. It's the wrost thing certainly my generation
has ever seen (I was born in 90s) and for my parents and grand
parents it's a reminiscence of those dark days. I know many middile
class and wealthy people who want to immigrate out now but they are
late in the stage - may or may not have enough time.
Do I have this right, the sub system rarely trades,
doesn't hold for duration, waited for Fed day to long SPY and then
exited after the market went UP. That's pretty amazing
Posted by kevindeng0727 on 5th of May 2022 at 01:52 pm
I was listening to Michael Belkin the other day, who I think is
one of the best quants out there. He thinks this is similar to what
happened in 1987, bonds down big from April to Oct, and then it
bottomed and stcock market crashed
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
TLT ... This thing trades
Posted by mla127 on 5th of May 2022 at 01:48 pm
TLT ... This thing trades like a tech stock ....
Can only hope after all
Posted by steve on 5th of May 2022 at 01:50 pm
Can only hope after all the negligence (money printing and ramped debt) over the past 20+ years things don't totally unravel. That has been and remains my major concern not just a recession.
I've been in the financial
Posted by pkrsek on 5th of May 2022 at 02:40 pm
I've been in the financial markets since 1981. I've been a portfolio manager since 1990. I can honestly say that I've never seen markets that are poised to completely unravel like they are now. I'm not saying it's going to happen. No one can predict that. I'm just saying that the conditions are certainly in place for a dramatic and climatic finish to an era that I believe is coming to an end. The biggest changes are that globalization is going away, dollar dominance is diminishing and will likely disappear in the next several years. We will have two economies, one focused on China/Russia and much of Asia. The other focused on USA/Europe and "the West". Throw in the fact that current political conditions and war in Europe are going to cause more reliance on fossil fuels, which is going to slow down the process of, and we have more chance of a total climate disaster. I'm not a pessimist. I never have been, but I am more afraid for financial markets, and the condition of our planet than ever before.
How much CO2 does a
Posted by skyfish on 5th of May 2022 at 04:01 pm
How much CO2 does a burning tank put into the atmosphere. Where's Greta when you need her.
Thanks for sharing the ideas.
Posted by kevindeng0727 on 5th of May 2022 at 03:09 pm
Thanks for sharing the ideas. This recent drama in Shanghai and other cities reminds lots of sharp people of China going back to the era before 1980s. It's the wrost thing certainly my generation has ever seen (I was born in 90s) and for my parents and grand parents it's a reminiscence of those dark days. I know many middile class and wealthy people who want to immigrate out now but they are late in the stage - may or may not have enough time.
well stated and well written
Posted by matt on 5th of May 2022 at 02:51 pm
well stated and well written - mirrors our thoughts as well
capital preservation
Posted by matt on 5th of May 2022 at 03:15 pm
capital preservation
price testing this Tick pivot
Posted by matt on 5th of May 2022 at 03:16 pm
price testing this Tick pivot from May 2nd - I don't see anything below that
No system trades showing up
Posted by matt on 5th of May 2022 at 03:22 pm
No system trades showing up in case someone wants to ask.
otherwise that CCI exited like God yesterday
Do I have this right,
Posted by simple_million on 5th of May 2022 at 04:03 pm
Do I have this right, the sub system rarely trades, doesn't hold for duration, waited for Fed day to long SPY and then exited after the market went UP. That's pretty amazing
the "out just in time"
Posted by morton7 on 5th of May 2022 at 03:33 pm
the "out just in time" system....nice! oh and by the way if you want to charge separate for the systems, im all in!
LOL yeah 'just in time'
Posted by matt on 5th of May 2022 at 03:46 pm
LOL yeah 'just in time'
Morton7 speaking for the rich
Posted by jtsurfah on 5th of May 2022 at 03:46 pm
Morton7 speaking for the rich guys. He's fired
I was listening to Michael
Posted by kevindeng0727 on 5th of May 2022 at 01:52 pm
I was listening to Michael Belkin the other day, who I think is one of the best quants out there. He thinks this is similar to what happened in 1987, bonds down big from April to Oct, and then it bottomed and stcock market crashed