The writing is on the wall
From the Desk of Don Yocham: |
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Last week, the Bank of England had to pivot hard on quantitative tightening in order to bail out pension funds (cockroach #1).
Today, Credit Suisse First Boston’s chances of going bankrupt are now higher than in 2008.
There’s never just two cockroaches, either…
Get ready for more systemic chaos as contradictory policies within and across central banks set into motion a series of events with dire consequences.
But that doesn’t mean everything is going down. With that in mind, we’re going long Japanese stocks with EZJ.
► Details in today's video
Take What The Markets Give You.
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 Last week, the Bank of England had to pivot hard on quantitative tightening in order to bail out pension funds (cockroach #1). Today, Credit Suisse First Boston’s chances of going bankrupt are now higher than in 2008. There’s never just two cockroaches, either… Get ready for more systemic chaos as contradictory policies within and across central banks set into motion a series of events with dire consequences. But that doesn’t mean everything is going down. With that in mind, we’re going long Japanese stocks with EZJ. ► Details in today's video Take What The Markets Give You. |
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