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Super bad economy

Posted: June 13th, 2022, 4:36 pm
by odysseus2000
Elon Musk noted that he had a super bad feeling about the economy.

Was his statement based on anything?

Cathie Wood in this tweets argues that Credit default swaps may be generating his concerns:

https://twitter.com/CathieDWood/status/ ... BZ9GHXYYyg

CherryCreekMortages in the article linked from this tweet have an account by Louis S Barnes who has a street fighters
approach to the World's financial markets based on his long experience of them:

https://twitter.com/smartertrader/statu ... BZ9GHXYYyg

One can take issue with some of Mr. Barnes comments that may mitigate his thesis, but if he is right we are in for some difficult times, not unlike the
Hurricane predicted by Jamie Diamond:

https://www.cnbc.com/2022/06/01/jamie-d ... e-war.html

Super interested in any comments.

Regards,

Re: Super bad economy

Posted: June 13th, 2022, 4:41 pm
by BullDog
The "big short" all over again?

Re: Super bad economy

Posted: June 13th, 2022, 4:45 pm
by GoSeigen
odysseus2000 wrote:Super interested in any comments.


Who is Jamie Diamond? This chap?

GS

Re: Super bad economy

Posted: June 13th, 2022, 5:22 pm
by odysseus2000
GoSeigen wrote:
odysseus2000 wrote:Super interested in any comments.


Who is Jamie Diamond? This chap?

GS


Ha Ha, AI text correction strikes again!

Regards,

Re: Super bad economy

Posted: June 14th, 2022, 12:56 am
by servodude
odysseus2000 wrote:
GoSeigen wrote:
odysseus2000 wrote:Super interested in any comments.


Who is Jamie Diamond? This chap?

GS


Ha Ha, AI text correction strikes again!

Regards,


Damn didn't realise he'd died :(
If there's one thing he should be remembered for it's the theme from Boon

- sd