Tuesday, April 25, 2017

"Nothing Matters Until It Collapses"

Trump's border wall with Mexico got pushed back to September to avert a government shutdown, so to prove he has large hands, instead he started a trade war with America's largest trading partner by slapping tariffs on softwood lumber, next dairy, next will be Energy...

Fortunately, according to Wilbur Ross:
"We don't think this will start a trade war with Canada"

The Trump doctrine: "You just gotta grab the pussy"





Meanwhile, the sectors that Trump has said he would "help" the most have performed the worst since the election, while the sector he likes the least is going vertical. All of which makes perfect sense to those who have their heads up their own ass...



"Ground control to Major Tom"

In summary...
Over-concentration risk, passive investing risk, ETF stop loss risk, performance chasing: 



New Tech highs are compliments of momentum chasing algorithms driving short-covering...

ZH: Another Futures Fund Caught In Gamma Trap

Not to be confused with the last imploding hedge fund that drove the S&P to its all time high:









Not yet...be patient...