am thinking that no two episodes of crisis plays out exactly the same, and sometimes the differences may matter.
(i) All in the market are now conditioned for replay of 2008 q4, iow, dollar up everything else down, or dueed
(ii) Even as most are programmed for post-dueed quantitative-exlax dial-1.800.bail.me.out, and the consequent V-recovery of just about everything that fell the harshest.
(iii) Strangely, the euro is a actually very strong, historically speaking, even as the usd has not exactly kept falling, and gold has corrected, and, inexplicably, many if not most rushed to the stronger of the sovereign bonds.
Question, if the job of mr market is the mess up the most in the worst way at the least convenient time, what should happen next? |
