Having potential investors and trading friends reach out to hear my thoughts on current market state. I thought it would be helpful to share with you guys.
I hate engaging in the fear mongering nonsense, especially with the Evergrande situation being such a "hot topic" 🙄
I hate engaging in the fear mongering nonsense, especially with the Evergrande situation being such a "hot topic" 🙄
anyways, there def was some impact from a positional standpoint going into Opex. This coupled with the fact that people are fearful about the knock on effects of the defaults in China are clearly moving markets but I personally believe there is something more relevant brewing.
The debt ceiling vote has a larger impact directly on the U.S and seems to be something a lot of folks are overlooking.
Yellen came out over the weekend stating that the Treasury's cash balance will be insufficient as of October.
wsj.com/articles/congr…
Yellen came out over the weekend stating that the Treasury's cash balance will be insufficient as of October.
wsj.com/articles/congr…
wow, I wrote a huge thread and it looks like twitter cut it off...................
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