XJO - Time for the Widowmaker to meet their match(Single Trader)
We all know that The Lucky country has too much hhold debt and the banking system is a fraud with toxic culture and incentives for brokers and lack of oversight and proper governance that has resulted in a "subprime" problem that the regulator is well aware of.
They created a product called hybrid income / pref shares (which themselves are not new but the way they are marketed to retirees is).
You need a 3 things to help solve the problem:
1) Debt Forgiveness
2) Transfer of Wealth (investors to hholds, govt to Investors/Banks)
3) Austerity (banks cutting jobs)
All negatively reinforcing on eachother for a catalyst shitstorm in a royal commission teacup, and a tradewar / geopolitical uncertainty around trade and exports doesnt help either.
SELL IN MARCH dont wait till MAY and stay that way until November (not advice)
They created a product called hybrid income / pref shares (which themselves are not new but the way they are marketed to retirees is).
You need a 3 things to help solve the problem:
1) Debt Forgiveness
2) Transfer of Wealth (investors to hholds, govt to Investors/Banks)
3) Austerity (banks cutting jobs)
All negatively reinforcing on eachother for a catalyst shitstorm in a royal commission teacup, and a tradewar / geopolitical uncertainty around trade and exports doesnt help either.
SELL IN MARCH dont wait till MAY and stay that way until November (not advice)
עסקה פעילה
down she goes, through the trendline, on target
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.