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Faceplant Friday 1/31/20


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With the light supply and the Fed money putting the wind at their backs, Primary Dealers got a gift on top of that. Coronavirus. The panic that induced has driven money out of stocks and into bonds. Just what they needed.

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30 minutes ago, No Einstein said:

i believe this may finally be it.

Nahh.  Well it depends what you mean by "it". A bear market in stocks, in itself not likely and I am not just talking the mythical 20% wouldn't be it.  It would be interest rates rising across the curve, worldwide. To me anyway. So that it, nahh. Untold trillions will be deployed first. 

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