I know you guys have been focused on crypto tonight, but in case you haven't noticed, the entire world just went risk off on Monday. Right now, the German Dax index is down 3%....
Global Risk Off Event
Carter Roberts
Aaron Harris
What does that even mean?
Dominic Flores
so cashing out into fiat at the begining stages of the biggest inflation since WW2 is considered risk off these days?
Matthew Mitchell
no one cares yurofag, wake me up when the dow hits 20k
Jeremiah Campbell
Tokyo is down 3% too.
Angel Price
this is why i bought SHIBA INU. reserve currency. robust against global market crashes. it's decentralized.
Gabriel Clark
meh.. look what likely is dragging it down. I'd like a sector analysis of the drop..
Hunter Carter
London down over 2%
Charles Martinez
no one cares about these shit countries
Dylan Rogers
Yeah yeah, I'm holding to $0.
This is why I still have 10 oz of Gold and 350 oz of Silver.
Aiden Johnson
>lunch break
Benjamin Diaz
Yes, unironically the answer is yes. Right now it’s a big game of trying to stay the most cash solvent so that you can slurp the bottom after an enormous, widespread economic collapse. Picture a global competition to hang from a pull-up bar while dangling over a pit of lava. If you can be one of the last 3-5% left hanging when the lava solidifies you will make it.
Chase Jones
-8% holding cash and liquid or -80% holding stocks
Luis Reed
It means that everyone everywhere is selling. Something is spooking investors all over the world with losses between 2.5% - 3% in one day.
Michael Taylor
so expect a -3% drop on S&P, NASDAQ maybe -2, or -3.5%, Dow -2%. Or the market dips, then bounces to smoke retail. My limit orders are already in place
Parker Smith
You're right. Globalization isn't a thing and markets aren't interconnected. American markets will be up 5% tomorrow! Go long!
Zachary Torres
-3% on SPY tomorrow wouldn't be out if the realm of possibility, given what's happening around the world. That would put it at 378.
Sebastian Butler
This is a bigger drop than it seems
Liam Hill
Stocks will bounce back fiat won’t. If you didn’t move to commodities before this inflationary period you already lost.
Joshua Foster
There's going to be people that surge in and "BUY THE DIP" but every fucking market is exhausted and any relief to al this dumping is going to be exit liquidity
Cameron Perez
>everyone everywhere is selling
uhmmmmmmmmmmmmmmmmmmmmmmmmmm
shouldn't I be buying then?
Jonathan Perez
uh the entire world has been risk off since january and more so since march
Jack Lopez
>so cashing out amid market ATH's and impending deflation is considered risk off these days?
Christopher Ward
>Something is spooking investors all over the world
It is called the repo market, user.
Hunter Morris
Sure. There's loads of people willing to sell to you right now.