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Money Market Collapse Rages On- Stocks Sing Tro Lo Lo 10/20/22

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I'll follow-up with the ^XOI index.  Interesting close.  "When I take into consideration the months and days from the peak in June to...tomorrow", I'll be watching closely.

822132504_XOIClose-October202022.thumb.jpg.78fbd5f97ed0833dd86db86f35a05baa.jpg

Best,

TCG

oh...and...

For your convenience...

Here is the original chart from the peak.

494397361_LifeISaSymphony-June82022.thumb.jpg.5e3005342ec06c9eb7117936a18108ba.jpg

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ACTIONS HAVE CONSEQUENCES

So the UK government decided to:

1/ Make a massive increase in expenditure.

2/ Make massive tax cuts.

3/ While inflation was raging....

Who was going to pay for all this....

The Bond holders looked around....saw no one else and said....

Not Me!!!!!

Who could have seen that coming.....

(That's a rhetorical question)

In the mean time a large number of traders would have cleaned up.

And such if life!!!

So onto the next crisis/opportunity

What will break next.......

The sea is ceaselss and ever hungry!!!

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