Wednesday, September 9, 2015

Sam Ro: blame the algos for the selloff

Sam Ro - I read Zerohedge so you don't have to. He reads Zerohedge so I don't have to. Better your braincells than mine.

Basically, it's all about risk parity algos and how they were the ones who crashed the market, and they still have to sell for another few weeks, after which they'll stop selling and the market will go up because fuck ain't it great to puke other people's money down the drain and get paid for it eh.

So basically it's not about China or Europe or Greece or Apple or valuations or the Fed or anything.

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