I sold 95 percent of my position between monday and tuesday. My bag is pretty small and "house" money at this point.
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For insurance companies targeting a 7.5% yield, which might have been fully satisfied in fixed income markets in 1995, a fixed income orientation may again work today (see Figure 11), after more than a decade of having to “reach for yield” in a variety of asset classes further down the capital stack. Today, a 50/50 blend of investment grade (IG) and high yield (HY) bonds currently offers a 6.6% yield as represented by the Bloomberg U.S. Corporate Bond Index and U.S. Corporate High Yield Index, and hypothetically if Alts were able to provide around a 11.5% annual return (as they have historically), then that means an 85% FI/15% Alts portfolio would hit the 7.5% target. There is technically no need for an equity allocation – a phenomenon that hasn’t been witnessed in decades. We are not suggesting that investors omit equities from portfolios however, as there are liquidity, diversification and upside benefits to an equity allocation.
Well I wonder what the illuminati in Jackson hole are going to come up with this weekend.
thats what I'm wondering
maybe that they got drunk talked some shit jerked each other off got richer
then they leave town sunday and realized they are no smarter than anyone else in this country they just were in the right place at the right time and became wealthy
i kind of weirdly enjoy this volatility; just DCA off my pay check and not worry about it; hard to imagine some start-up company nailing it big time right now so just putting money into whales and trying to make my life as enjoyable as possible to make time pass faster. I havent bought bonds in my entire life until this year, feels nice to be in a place to start adding that my portfolio.
Markets taking a breather before the next leg down.
Strange times continue. What the Fed said is exactly what was expected and yet markets . . . . They need to be weaned off their addiction to the Fed put, or something. I tend to agree that it's weirdly entertaining.
its very enteriaining
by noon on tuesday the market will be up 600 pts because elon said something about his small dick the gop said something about the democrats and jamie dimon will say that chase has a great outlook on the continued raping of the poor
the in another week or so the 4th qtr expected gdp corporate earnings report and consumer outlook report will be released and it will be pretty damn grim
That is my guess. We had our first big selloff post Covid and then a lot of money moved back in after June 16th.
The realities of higher interest rates might let more air out.
I'm wondering if we'll be testing lows below the June 16th number in the next couple months.
I'm still long and still buying. I increased my biweekly purchases back in May. We'll see what happens.
https://www.bloomberg.com/news/video...s-jensen-warns
Disconnect between financial economy and real economy, markets could fall 20-25%. Which wouldn’t be so troubling if BW didn’t seem to have their investment bearings back under them in this market (Pure alpha was up about 30% in the first half of the year)
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Oofta
This could be it. Summer over, reality is back at work.
Interesting I read an article from July with Bill Grosse and he said the sanctity of the dollar being the global currency has been compromised with the US Govt seizing assets.
He also said to take 3% in 1 t-bills and sit out for now. I would agree with that. The yield curve is insane right now.
Gross likely holds a lot of Russian debt. He’s always been a big fan.
US has been freezing sovereign assets for decades. USD at 20 year highs.
seems the stock price isn’t the only thing falling at BBBY….
https://www.reuters.com/business/bed...ts-2022-09-04/
^^^ was he a Putin buddy?
Guy sold on the pump so he has a lot of explaining to do.
Not anymore
how did he control the pump?
the pump was entirely controlled by shorts covering/options chain buy in/retail buy pressure.
Do we know for sure he killed himself?
Again full disclaimer I still have 100 shares of house money on BBBY and made ton of money on the run up, that I posted and predicted on this site. So I have a stake its like nothing compared to my networth.
The short interest of BBBY is still over 100 percent, on friday it was 104 percent. Meaning more shares shorted than actually exist in the float.
He jumped off the 18th floor of a fucking skyscraper moron, you think he walked away? Took them two days to publicly identify the body.
but I’m not surprised someone holding that turd of a stock that’s gonna splat too doesn’t believe
His wife was in the apartment with him.
Him and RC both being sued for insider trading.
https://www.reuters.com/business/bed...ts-2022-09-04/
But congrats, you profited from a pump and dump scam!
I’d guess stock halted Tuesday