Thursday, March 16, 2023

You

 


are not going to be able to hide from it.


'Big Short' investor Steve Eisman says it'll be bad news for stocks if the banking crisis causes the Fed to pause: 'You should be scared'


"The central bank is in a difficult position because inflation could flare up again if it does stop tightening, according to Eisman."


("The lack of available good options" somebody keeps saying...

They are talking like it went away?

It's over 3x where they want it to be for goodness sakes.)


"If the Fed raises rates, even in the face of this, that's like, wait a minute, you've sort of caught between a rock and a hard place," he told CNBC. "Financial conditions are really tightened, but you still have inflation."


"It's not clear either move is good," Eisman added.


"Rock and a hard place"

?

Revelation 6:15-17

Then the kings of the earth, the princes, the generals, the rich, the mighty, and everyone else, both slave and free, hid in caves and among the rocks of the mountains. They called to the mountains and the rocks, “Fall on us and hide us from the face of him who sits on the throne and from the wrath of the Lamb! For the great day of their[b] wrath has come, and who can withstand it?


Do I look like I:

"shorted collateralized debt obligations (CDOs), 

thereby profiting from 

the collapse of the US housing bubble in 2007–2008.

?


Hardly...

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