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S&P Chart Finger Insertion Pattern

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2 minutes ago, DrStool said:

Make the most of it. 

“Let us not waste our time in idle discourse! Let us do something, while we have the chance....at this place, at this moment of time, all mankind is us, whether we like it or not. Let us make the most of it before it is too late! Let us represent worthily for once the foul brood to which a cruel fate consigned us! What do you say?”

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JP is going to take a hatchet to Non-banks financials. Private equity and structured finance are about to have a near death experience:

'Chair Powell says the 2020 crisis showed weaknesses in the nonbank sector, and that should be dealt with by structural reforms — not expansions of central bank liquidity provision. "The first order answer has to be changes to the structure of these institutions."'

 

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