THIS IS WHERE WE FUCKIN PUMP BOYS
/smg/ Submachine Gun POTUS general
>The economy is perched on the tip of the bulls pecker, and sooner or later it's going to spurt into the dirt
I trust this because a finance faggot would definitely come up with that kind of phrasing. My uncle is top brass at a huge insurance carrier pretty much yelled at my mom to pull my grandfather's 401(k) into bonds and cash. she has the power of attorney because he can be pretty busy. Prices could keep trending up, but the risk you're assuming is yuge. big league.
>I never said it was beneficial.
I never took a stance on its effect. All I said was that the result is just added speculation risk. We'll have to watch pennyshit today like Cramer said. Who knows what's driving the action here. I'm hard pressed to believe it's anything but poorly maintenanced algos that start applying upward pressure after/as robinkiddies trickle in. I think the real frustration is watching the uneducated accepting risks that they really shouldn't be. see above. we're playing a very dangerous game. Not that the underlying hasn't been playing almost the same exact thing with leverage. equities and yeilds are all kinds of fucked. Bonds are a good safe space it seems. but they're might still smacked from the rating bubble anyway.
also anime and cunny.
WE'RE FUCKED