RE:RE:An Old Boomer Warning One of the ironies about the current pricing is it is ripe for other Wall Street vermin to score on new shorts and options. This is crazy times. Given that 60% or so of equities are owned by 2% or so of the investors/population, I worry they may take a while to swivel their big guns, but the peasantry will pay in blood, financially speaking. The wealthy have far too much dry powder and political power.
And I'm a capitalist, but wealth inequality, especially inter-generational or inter-race is very bad for social cohesion and thus all of us, rich, poor, white or coloured.
Turbulent times.
cg