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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 416.72+1.2%Dec 26 4:00 PM EST

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To: TobagoJack who wrote (155845)4/3/2020 10:49:37 PM
From: sense  Read Replies (1) of 218742
 
I'd agree... on patience being a primary requirement.

My SI mantra is "wait for it".

Would agree same on financials in particular, everywhere... as the uncertainties hang above them more than others, like a guillotine...

Finan-fictionalization of everything is a risk in itself... but the nature of that set of risks is particularly poorly understood... even by those writing, or attempting re-writes, of the scripts in competition. Companies otherwise share in the risks to a greater or lesser degree not merely as a function of the level of debt... but as a function of the pairing of debt with derivatives based risks.

Volatility might be suppressed by the engagement... until it is not... and then there are suddenly restorations of suspended market functions... for a period... until "control" is restored ?

Lost in the element is the cost of "controls"... that includes not merely the obvious in what the system costs in $ and risk to sustain... and the cost upon realization of risks in spite of the efforts made to isolate, price and sell them... but also the lost opportunity cost that results as a function of the suspension of market functions.

Innovation is one of those... as it is greatly obstructed by enabling monopoly, including the monopolization of trade in the design of mercantilist systems...

The brittleness of the trade system is being made apparent, now... the recognition making it impossible to ignore the problems in result, and impossible to restore the errors that have been imposed...

I think many are still expecting the virus goes away... and things go back to the way they were...

It is not just the experience being seen now in the marketplace in China suggesting "that won't happen"...

Much change has been initiated... and, as occurs in markets at a peak or a low... recognition of things being ignored before that cause change... cannot be unrecognized after the fact... imposing a trend reversal that is both a beginning and an end... in which the balances in things begin shifting again... on new vectors.

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