I will be swinging by Dylan’s place this afternoon about 4:05pm to discuss the Market Crash, the Fed, and the Austerians:
A few bullet points:
• Markets are deeply oversold; but they can get even more deeply oversold.
• The sectors that have done well were propped up by government largesse and bailouts; they are no more.
• Oil is falling — that is not as good as you may think
• US Bonds remain a safe haven
More to come later.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.