And now for the death blow...
I pride myself on being the most bearish blogger, as an antidote for the non-stop delusional bullshit being blown up our asses everyday. However, I said two weeks ago that people would say I wasn't bearish enough. Yesterday proved that fact. I thought they were polling people across the UK instead of downtown London. I hate when I'm wrong/right...
Of course, only an Idiocracy believes that you "predict" the inevitable:
Global currency risk. Check
Oil risk. Check.
Volatility risk. Check.
Global Financials/Bank Risk. Check.
Gamma/Underhedging risk. Check.
Liquidity Risk. Check.
Global Risk Aversion. Check.
Central Bank Loss of Control. Check.
Mass Complacency. Check.
China Devaluation Risk. Check.
ETF Stop loss risk:
Dumb beta got bought on Friday. It won't get bought on Monday.
Did they learn about stop losses after 2010? The Idiocracy never learns...