Posted by DigiNomad on 1st of Nov 2023 at 02:57 pm
My "parachute" currently is actually an allocation to long dated
naked SPX calls that are way out of the money. Fed is in a
box and will start printing again sooner or later, not sure which,
but it will happen. Typically they don't step in until they can say
with a straight face "we had no choice" which is usually when the
market is falling precipitously and is blowing through support
levels.
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My "parachute" currently is actually
Rate cut questions - JP has to beat them over ...
Posted by DigiNomad on 1st of Nov 2023 at 02:57 pm
My "parachute" currently is actually an allocation to long dated naked SPX calls that are way out of the money. Fed is in a box and will start printing again sooner or later, not sure which, but it will happen. Typically they don't step in until they can say with a straight face "we had no choice" which is usually when the market is falling precipitously and is blowing through support levels.