But the real danger isn’t Nvidia crashing. It’s the zombie laggards suddenly waking up and ripping the short leg straight through hedge fund books.
Polymarket
Bloomberg·10m ago
Bond Investors Can’t Escape the Relentless Pressure From Oil Prices
Will Crude Oil reach a new all-time high by May 31?
↑2%
The melt-up can probably survive higher yields. Aggressively accelerating rates volatility is a different story.
“It’s like we went bankrupt overnight.”
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