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Monday, November 25, 2024

A 40 Point SP Futures Flash Crash

A 40 Point SP Futures Flash Crash

Courtesy of Jesse's Cafe Americain

Maybe they hit the wrong function key, intending to sell silver in size during a quiet market like they have been doing for weeks.

Or maybe John Paulson is liquidating his equity position.

A brief demonstration of Mutually Assured Financial Destruction if they don't cut Granny's pension benefits in order to save the 1 percent's tax cuts? 

Sleep well…

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