You can’t be long ANYTHING until the Fed reverses policy and re-starts QE.
One troll asked if I am massively long t-bonds given my deflation stance. NO. Balanced funds are getting smoked and the pain is only beginning. You can't be long ANYTHING until the Fed reverses policy and re-starts QE. We are heading into a BLACK HOLE of liquidity. pic.twitter.com/IugY96W93F — Mac10 (@SuburbanDrone) April 24, 2022 10Yr … Read more