Huge move? No, pal, I aim for around 20% per annum each single year. Sometimes I slightly exceed it, sometimes I undershoot. I never aim for "HUGE MOVES".
Being snarky is ok, I can take the heat. But please stop putting lies into my mouth. I clearly said I remain long US equities for the time being. You can disbelieve me if you like but do not spin the story as if I mentioned I am not in any position. I am also short US treasuries since last week and am slightly underwater with those positions if that is somehow any consolation for you. I believe Fed will not cut 50bps, market expectations are misaligned with fundamentals in this particular regard. However, those are not meant to be medium or long-term positions. In the medium term I expect sovereigns to gain further in value, especially those that are still positive yielding.
There you have it, you teased me, and I was stupid enough to take your bait. Now, go and enjoy the weekend, hang out at the pool, Sunday night is another day, nothing you can do for now anyway, but if you feel panic then you better spend some time overthinking your entire investment process because you most likely trade too much size or can't tolerate the volatility.
Being snarky is ok, I can take the heat. But please stop putting lies into my mouth. I clearly said I remain long US equities for the time being. You can disbelieve me if you like but do not spin the story as if I mentioned I am not in any position. I am also short US treasuries since last week and am slightly underwater with those positions if that is somehow any consolation for you. I believe Fed will not cut 50bps, market expectations are misaligned with fundamentals in this particular regard. However, those are not meant to be medium or long-term positions. In the medium term I expect sovereigns to gain further in value, especially those that are still positive yielding.
There you have it, you teased me, and I was stupid enough to take your bait. Now, go and enjoy the weekend, hang out at the pool, Sunday night is another day, nothing you can do for now anyway, but if you feel panic then you better spend some time overthinking your entire investment process because you most likely trade too much size or can't tolerate the volatility.
