Money & Economics

 
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Some of you may remember this guy, along with Bill Gross they ran PIMCO - biggest bond fund on the planet.

He knows a few things …

 
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Not a “crash” but worrisome signs we are in the midst of a global downturn


 
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Congrats!

 
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Was a busy day for me in the market. Finally had one of those days where everything worked, at the same time!

Will pour a cocktail shortly, but thought some might be interested in what took place today with regards to the Bond market


Short Version




More Details






And the Result - is it temporary? Will it last? How much will he spend/print?

 
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My winners today (all of them were for a change - rare day)

XLE- sold at about 1pm at 63.88 bought at $61.35
GLD- still holding- big day for Gold bought at $400.55 (currently $415.90) I'm in and out of this weekly but will probably now hold to $500- wish me luck :lmao:
SCHD- my one set and forget fund. Its my core position in my bigger no-touch account and I use it to hold money in my trading account -up 27.9% YTD
XLV- bought at $169.70 last week -sold at $175.82


I rarely play more than 3, took a chance on XLV as I've been watching it
 
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The US Treasury is currently attempting to artificially control the following markets to keep them from imploding the global economy:

  • Stocks
  • The Yen
  • The Dollar
  • Bonds
  • Oil
  • Housing
  • Employment
  • Crypto…

You can only spin so many plates before one finally breaks


 
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Truly amazing.

 
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Now you know where he gets his intellect from.. :rofl: :lmao: :lmao: