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!
I was playing Madden with @JesseCunningham at his apartment the other day, then they walked in. I immediately put the controller down, and did an Irish goodbye without hesitation.
https://www.instagram.com/reel/DYGwwrZsf4l/?igsh=NTc4MTIwNjQ2YQ==
JUCO update. So my mixed 24 y/o with blue eyes, comes over this past week. Man. She is a beast. And nothing like some young P-sleeve. So, after we have an amazing evening and we r just chatting it up,she says”I love u” and I don’t want to see anyone else. I want to be exclusive with u, not be discreet and go and do things with u. I’m so glad I met u. Like she laying it on heavy @CoachGregAdams. Now, she knows that my grind and my purpose comes first. And she says she know that and will always respect me for that, but she is definitely trying to lock me down bad. Maybe she will b the #1 but only time will tell. I really wish I could share some of the stuff she sends me, bc man, she hella nice. Def arm candy for sure. And so far she has been reliable, consistent, no drama or BS and gives me the experience I want every time. And she always kicks it up a notch each time as well. Not bad for a decent ppm honestly. JUCO will always guys.
