Is This The Start of a Global Market Meltdown?odysee.com/@MarkMoss:7/is-this-the-start-of-a-global-market:8?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq
267 sats \ 4 comments \ @Undisciplined 12 Aug econ
From Mark Moss

Video Description

When people say we need something to break? Well, we had it, Japans sudden rate hike broke a lot of things including stock trading platforms that shut down and stopped working, it broke prices as circuit breakers in Japan and the US were triggered, And it seems to have broken peoples view on their asset prices and investments, but… is it all warranted? Are more importantly, are the markets really melting down, was this just a warning before the big crash like lots of headlines are stating or… Is this a magic setup that will blast our assets off into next year? In this video I will break down these questions, to see if it’s time for us to pack it up and go home while this shakes out or, but the dip and hold on.
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65 sats \ 1 reply \ @grayruby 12 Aug
I think last week was the foreshock similar to the VIX blow up in Feb 2018.
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53 sats \ 0 replies \ @Bell_curve 12 Aug
The market seems to overreact to bad news. For instance arbitrage opportunities like the yen carry trade have an expiration date. No one knows when that is or was. But it’s naive to be shocked or blindsided by recent events and changes in Japan.
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27 sats \ 1 reply \ @jerrybature 12 Aug
Global market meltdown started years ago. It's just that the world is yet to experience the worst moments in the history of fiat.
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0 sats \ 0 replies \ @Undisciplined OP 12 Aug
You're talking about the economy. Moss makes a distinction between "the market" and the economy, with the market meaning financial markets.
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