One analyst has said the crash may be deliberate. During times of market stress funds seek the safety of US govt bonds. The amount of money flowing into bonds right now is apparently forcing the rates down. The govt uses bonds to repay debt and right now the govt is getting a 10% discount on that tool which ads up quite nicely for them.
Anyone who’s losing money right now including myself is only there due to a lack of risk management. We all knew this volatility was coming. Once the dust settles it will be like a briscoes 50-60% of everything sale and the cycle begins again.
Funny how people hate on billionaires then hate on the man who who slashes their profit margins….
Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket - Eric Hoffer
Bookmarks