Well, they've also wiped-out volatility too, I heard some leveraged ETF's that short VIX Futures, UVXY, TVIX may halt or delist out of fear they will go below zero, don't see anybody being happy about paying the Issuer on top of losing everything.
Or is it doing it this time because it Friday too?
stabilizes and rises 20% more.
Well, I guess that sums it up.
Oh well, guess it's better to get nothing rather than having to pay the Issuer.
You can be assured one is indeed brewing, and it will be Biblical. I can see the headline now ... The Day they Burnt Wall Street to the Ground.
It will indeed go down in history as the largest financial toilet ever built.
or anything else that a half-wit-brain-dead moron would call bad news. See, took a whole 3 hours to call a rise in rates Great News, next it will be therm-o-nuclear war is positive for retail.
Just don't be specific, or you're be audited, get tasered, be put on a no-fly-list, and eventually be shot by a cop being investigated.
You didn't hear, $4 gas is great for the consumer, retail sales and the economy too.
With a little luck, you'll become the subject of a random drive-by, hopefully you'll have a name tag with your parent's cell number on the front of your shirt.
Endless supply of brain-dead unemployed 18-34 year old's that earn 80% in benefits of what they would earn working, buying every dip and recommendation on CNBC.
for many here, on business news shows, Yahoo contributing authors, and particular, many people on CNBC. While I can't explain, after nearly 40 years of being in and out of the market, in my gut, I'm 100% sure, this time will really be devastatingly bad. And, frankly, I'm really looking forward to that day.
8 years of building the greatest debt ever created by mankind would be more accurate, along with the greatest economic inequality ever seen since the Roman Empire.
The greatest illusion of prosperity ever created since the invention of paper currency and credit cards. Those are the real facts.