Central banks have created an “Ultra-Fragile” world ( opp. of Taleb’s Anti Fragile). Bad is good, worse = better, the good goes only to Top 10%… These companies needed the Fed?

Central banks have created an "Ultra-Fragile" world ( opp. of Taleb's Anti Fragile). Bad is good, worse = better, the good goes only to Top 10%, nothing fundamental matters, debt replaces healthy growth inputs, Fed papers over it's mistakes, a Ponzi where normalization = crash pic.twitter.com/veyYywLHsg

— M/I_Investments (@MI_Investments) July 13, 2020

THESE COMPANIES NEEDED THE FED? 👇 pic.twitter.com/Kky0lEUWk8

— Win Smart, CFA (@WinfieldSmart) July 13, 2020

Fed in 2018-2019: “I know we’ve been a huge part of the Agency mortgage market for a decade but we’re getting out. Seriously.”

Fed in 2020: “Just kidding, we’re buying the entire market.” pic.twitter.com/zWACimljAB

— David Schawel (@DavidSchawel) July 13, 2020

t.co/Mr2Xi8bzLa pic.twitter.com/mzTvsP26zC

— M/I_Investments (@MI_Investments) July 12, 2020

Bears are idiots.$NYSE pic.twitter.com/7C1XhCnxvN

— Sven Henrich (@NorthmanTrader) July 12, 2020

Ron Paul from July 2002. Pretty much sums it up. pic.twitter.com/buoba6Seuk

— Peter Schmidt (The 92ers) (@The92ers) July 12, 2020