"anatomy of a crash?"
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How so? He’s under more time pressure to pump the markets? What do you see that could materially lower markets to profit with short term puts? Seems like the Fed has pumped so much liquidity that there wouldn’t be a 2nd huge sudden selloff. What’s your perspective?
there’s a huge amount of professional investors with cash on the sidelines. not all companies have access to the financing, it depends on the ratings. narrative of the coronavirus is over is evaporated, and the population of bulls betting on calls is culled. global overleverage
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