"I don’t worry about crowds — I just worry what the next existential shock might be"
Inverse vol trade
"Safe haven"
What happens when you give a free bailout for greed and malfeasance?
You get a do over, for free...
Carry traders got the memo:
"RISK OFF"
Big money got the memo and they're leaving an elephant's footprint behind...
Europe got the memo
"I was in Fucktoken, then I don't know what happened after that..."
