Big short is back!
60000 of 16 Apr'21 $315 $SPY puts were bought today. This is a $78m bearish bet expecting S&P500 to go into a new bear market post elections.
If this is a hedge, then this fund should own 6m shares of SPY and none of the hedge funds own this many SPY shares. pic.twitter.com/phv2ulHeJi
— Yuriy Matso (@yuriymatso) October 17, 2020
Credit is tightening. Forbearances are ending. Financially educated people understand that the commercial bankers are tightening credit standards for business loans. The smart money is buying BONDS and SELLING STONKS. How fucked are you? Do you even know a single Bond ETF?
Commercial Bank SENIOR LOAN OFFICER SURVEY data shows 8% quarterly decrease in business loans. These are the guys who used to make Yellen look like Wonderwoman.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.