Another new all-time-high for SPX with 6000 tagged. All the averaged historical pattern for election year failed this year as there is no real increase in volatility going into the election and then right after, the bulls unleashed 200% all-in. We can all tell by common sense that it is not normal. But how can this happen?
Here is one possible answer that tells you we were that close to a global financial breakdown. If this observation is correct, central banks of the West are now on 7/24 watch to Band-Aid the financial system, until they can’t. And that implies serious liquidity will be pumped into the system, leading to hyperinflation of all the risk assets.
For those of you who are no longer young and would like to finally do something to stay fit, here is an inspirational video of someone who shows us serious exercise is not something out of reach. My take from this is that if you make exercises a consistent part of your life, you can get away with eating a lot …
Many people are making predictions that after Trump’s victory, we will soon face a major financial crisis. Well, that’s not fair because whoever won will face the same damn consequence of crazy money printing. Here is a balanced look at the situation.
Back to work.
Have a great weekend all!
