Key insights
- The article suggests that recent market drops are being attributed to geopolitical events and inflation, masking potential institutional shifts towards put options. The author implies a 'pump and dump' scenario driven by large players, contrasting this with a 'buy and hold' strategy. Despite holding defensive stocks, the author is experiencing losses, indicating broad market weakness.
Hey everybody, all of a sudden the war, the oil supply shock, and the inflation it caused matter.
Watching CNBC, but the miraculous revelation can be found on Yahoo Finance and Bloomberg, etc.
Market is dropping, therefore we're all supposed to pretend it's dropping because of the war, the oil supply shock, and the inflation it caused.
As if this pump and dump had nothing to do with institutions and large options play. Looks like they switched to puts now lol.
Just a reminder the best course is usually buy and hold. I'm personally more defensive than most of you (largest holdings AXP, MCO, CB, KR, BRK.B) and I'm in the red today. Good luck out there!