Loading ...That’s a lot of shorts. You’re right, if the Fed goes full stop or pulls back, the specs are going to have a big problem. Usually in a down SM we’ll see bonds rally on the long end, so maybe that will continue. The should be bullish for pm’s, bearish USD.
Recession is here. People are broke, when the Nasdaq finally crumbles, they’ll get real broke.
I’m just afraid we’re seeing the same old, banks building massive pm shorts so that they don’t benefit no matter what happens.
Hopefully not.