strangesounds.substack.com
He probably knows more than we do…
Charitably, it’s possible he could be hedging a larger bet.
Less charitably, he thinks we’re headed for a recession.
Even less charitably, he knows we’re headed for a recession.
Even, even less charitably, he benefits from steering us into a recession.
He purchased the shorts on July 13th… Just about two weeks before the US credit downgrade.
You want some more? He’s on the committee of homeland security and finance…
well on this issue … the author does not have a damn clue .. yeah on the surface it looks like the senator is betting against the American public . So this guy knows what his total holdings are ? HE DON”T … yeah he’s taken and ultra short ETF . The author did use the word hedge so to back track he may have a clue to what the senator is doing . We don’t know how long he is in the market . AND he is shorting the QQQ – tech ETF . People will play the QQQ against the SPY all the time . I could go on .. but … no one knows if he is really short on the US market .He may be . He maybe only short term maybe only in the tech sector long term . He maybe hedging his longs . You gonna get in a car wreck this week … not planning on it are ya . But the law aside you got insurance on the car – house – your life . Why cause sh***** comes in from outer space you just can’t for see. The bottom line . Me , you ( JB ) nor the guy writing has any idea what that senator is thinking or his bias on the market … If I think about it I might call in on open lines on a Friday if you’ll take my call and talk about this / this kind of issue . thanks Duncan