Investors have been buying protection against a large selloff as if there is a major crash:
— The Kobeissi Letter (@KobeissiLetter) August 7, 2024
The Nations TailDex index, measuring the market’s expectations of an extreme event, spiked to its highest level since the 2020 Pandemic on Monday.
The index also estimates the cost of… pic.twitter.com/Zm1toGEinZ
Reminded of the accelerating and agonizing demise of a once great state….And this not the end…
https://www.youtube.com/watch?v=LDdwcuzY7T4