Hard as it maybe to believe, the Federal Reserve is most likely on the side of the little guys and short sellers.
They don't need to rob or fade you, no.
"Federal Reserve is in the business of Moral Hazard" says one of the Fed president.
What they do is sell their "TALKS" and encourage the BIG guys ($1B+ investors) to put in money in the market so the economy runs.
Now, as a bear you MUST cherish this. There is NO place in the market in which upon putting money in CAN YOU expect to see it EVER AGAIN.
In fact, the stampede out will be legendary as this GDII of ours unfolds.
The fed is YOUR friend, as Ben has been a good friend of mine as we shorted DSL together back in the days.
They will as, the SHAMANS of the stone ages, lead the elephants to the narrow valleys, where you, my dearest CROMAGNONs, will savagely murder the beasts and enjoy their bountiful, juicy MAMMOTH burger.
Have a good weekend.
The right enemy
6 years ago