Lions and Friends... DO NOT DO THIS!
From Greg M
I have gotten a ton of emails from fellow traders who want to short this market.
PLEASE DONT.
Lions, this market is being artificially propped up by a MASSIVE central bank rate/debt suppression scheme beyond belief! This PUSHES cash into risk assets/stocks.
As we have discussed repeatedly, IF THE FED CAN MAINTAIN THE ILLUSION OF STABILITY IN THE DEBT MARKET- STOCKS WILL GO HIGHER…. I think we nailed that one to the wall.
Lions… my advice here would be to wait for some kind of pullback, THEN get long.
GM
JUST SAY NO
Just used ChatGPT to ask how much EU bank debt holdings have negative interest rates - the answer was $18 trillion....not fun holding debt at a loss until maturity :-)