Silver as an investment

Everyone Calm Down – One Trader “Looks Into The Abyss”

zerohedge.com / by Tyler Durden / Jun 30, 2017 8:28 AM

Relative to the market’s complacent nonchalence this year, the last two weeks have seen violent swings across almost every asset class as ‘no brainer’ stocks tumble, perennially dovish central bankers turn hawkish, and suppressed volatility has a mini-Minsky moment. But for all the hand-wringing over this ‘regime shift’, former fund manager and FX trader Richard Breslow has a simple message – calm down and be careful what you think happened this week…

Via Bloomberg,

 It’s been a week filled with hyperbole. Trial balloons dressed up as pre-commitments. A little volatility described in cataclysmic terms and compared to jarring historical market upsets. Feverish extrapolation masquerading as revised forecasts. Central bankers daring to go where no one has gone before.

It’s been an interesting, and in many ways fun, few days, but based on what we can possibly know at this point, unlikely to be enshrined in trading lore.

READ MORE

The post Everyone Calm Down – One Trader “Looks Into The Abyss” appeared first on Silver For The People.