We call it a casino for good reason. Yesterday they scooped up 10 of the most speculation-riven stocks on the planet and rolled them into a single futures contract based on the FANG+ Futures Index. The intention, of course, was to give the momo crowd and robo-traders an ultra-liquid one-stop punt on the great disrupters that are purportedly turning the world's future into nothing short of awesome.
They Do Ring A Bell At The Top
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.