Evergrande - I'm not a financial expert, but this is going to happen tomorrow
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That was my thought as well, the correlation with the FED interest rate hike is a strange coincidence, given that there is no such thing as a coincidence.
200 bps LFG..
Well, lets look......
We've had 2 Major Money Houses drop out, and then the Entire Market went RED, meaning a massive loss of Wealth and Worth, meaning anyone that had "bet against" options in any part of this, made some Money, BUT, if they also had ""Bet For", then they Lost there, so it;s all on how much on either side, and I'll bet that the Money Houses were nearly all in on Bets Against.....
Now comes EvGra plus all of their Connections, and how heavily tied into them financially are both Blackrock and Vanguard......
IF I had to gues, I'd wager that lots of Big Old Money got together and tried to pull a ""TRADING PLACES"" move, intentionally, and if true, then the SEC has to be in on it.....
Got this off another Blog::
Jung — Yesterday at 11:08 AM ""Tomorrow the Fed will sell $45,000,000,000 in assets onto the open market (the MBS or mortgage backed securities you hear about).
Then another 45B in July and August, then it increases to 95B every month starting Sep.
Weird times ahead for sure""
Sounds like the 2008 Housing Bubble was just a Test run.....
World in chaos. Inflation out of control. Another rate hike by the Fed.
S&P 500 up 1.46%. Yeah, the markets aren’t totally fucking rigged.