Lions and friends…
Most of you know that I own A LOT of JEPI, and I intend to hold this position for a VERY LONG TIME.
Most of you also know that I went short SPY on Tuesday, and remain short right now.
NET NET, I am remain VERY long this market. Moreover, I intend to remain net long this market until, as I have outlined REPEATEDLY, we get a meltdown in the debt market.
I hope that this clears up any confusion.
Much love,
GM
By the time the debt market "craters" it will be too late to get short
This will be the year of true price discovery- finally. I suspect it will get triggered by debt ceiling and govt drama on that front. May-August will be the summer of hell (unless you are short). Going to be three separate crash events