Don’t be fooled by this Deepseek bullshit. That’s just a shiny object.
The real reason for the market pullback is the hot money borrowed in Japan, having to return home.
Once again the Yen carry trade causes chaos. The carry trade bros are HIGHLY levered so even 25 bps hike is like Mt Everest. Their borrowing costs just doubled. So they need to get the money out of the U.S., converted back to Yen and pay off the loans and lines.
All this hot money was in the Mag 7 and it’s going to get crushed today as the money comes out.
I’m not going to be surprised if gold and silver get hit too. That’s usually what happens when the margin call man comes knocking. However there is a possibility that commodities do relatively well. Including oil.
I love days like this because I’m always prepared for days like this. The days when the tide goes out and all the naked people are embarrassed.
But have no fear. In a couple of months or three the markets may be back at all time highs.
Good luck
Wishing you a strong and meaningful Christmas season. I’m sincerely grateful for your loyalty, trust, and unwavering support—it does not go unnoticed. May this time bring well-earned rest, renewed focus, and the drive to take on the year ahead with confidence and purpose. Thank you for standing with me. Merry Christmas Coach Gang!
Story time:
Met a chick from LA in a group setting at the Art District in Las Vegas. One of my friends said "let's talk to her she likes to talk about her titties" and we did.
She got her titties and nose done recently and that's all she talked about. That was her whole personality, just a pair of walking tits with no face.
She started showing me pictures of her tits, told me to touch them and then she touched mine and said I need to get a different bra size.
Then another chick came over to say good bye and we got her talking and we touched titties too.
I learned that as a girl, you can walk up to another girl and start talking about tities and they'll show you and let you grab some titty in public.
It's all girls so it's fine...we're just being girls. Even after I told them I was a lesbian, it's like it didn't matter, I was just another girl to them 🙂
How not to act vs how to act when getting pulled over (forgive the aba daba daba, at the 1st part)
https://www.instagram.com/reel/DW6mf9cjQR1/?igsh=MWh5dTVuOWUzOWM5MQ==
