The salve for those nicks will be the flood of liquidity since November 2006, now accelerating to levels not seen in some time. Is it housing that is worrying the Fed? Consumer credit contraction? The soon to fall employment figures? Whatever it is, asset inflation is the balm. Truly hope you are positioned. Latecomers are usually the bagholders.Until we reach the other side of some parabolic blowoff or a significant exogenous credit event, it's party on.
Post a Comment