BreakfastOnTheRiver

BreakfastOnTheRiver t1_j2auj0p wrote

What I've seen:

Retail traders/investors who think that stocks only go up, who know nothing about companies other than analyst price targets, and who don't understand how the Fed fund rate impacts business and risk assets, have been buying every fucking dip this year and providing the exit liquidity for the rich after a decade long bull market.

The low in equities is not in because the high in treasury yields is not in.

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