Another Lower High?

Money, Burn, Dollar, Waste, Finance, Fire, Investments

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.

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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 ...

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