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Re: gfp927z post# 18764

Sunday, 02/28/2021 2:45:16 PM

Sunday, February 28, 2021 2:45:16 PM

Post# of 19856
gfp: You know the Fed can't let rates rise much more. The US Treasury can't afford more debt service and the economy can't withstand higher rates for mortgages, car loans, etc. The only Million Dollar questions are what are they going to do to intervene and when are they going to do it? If I went ahead and bought $50 K worth of QQQ Puts I know the answer to the second question...within a week of me buying the Puts. Which is why I'm gun shy despite 2 of the 3 major indices being below their 50 DMA. And that $1.9 Trillion mostly pork barrel give away is coming soon. Another reason to be gun shy. The markets have never been more difficult to navigate simply due to all the governmental/Central Bank interventionism. If there was no Fed I'd commit 50% of my net worth to long dated index Puts. But then again if there was no Fed we would not have speculative bubbles in almost every asset class.

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