Another Lower High?
Image Source: Pixabay
It may seem odd, but it’s only just occurring to me just how badly the market got wiped out recently. Particularly, on Friday, I had been taking it stride, but the abundance of “I turned $500 into $17,000” posts in r/WallStreetBets made it dawn on me that trillions of dollars of market cap have been destroyed in just a matter of days.
I wonder, however, if this is just the umpteenth “lower high” in the VIX, and that we’ll be subject to yet another multi-month “recovery” which is oh-so-boring compared to the blast we’ve been enjoying lately.
More By This Author:
Curb-Stomped By AIInflation Warming Up
All Holy Hell Breaks Loose
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
more
Comments
