Steen Jakobsen, chief investment officer at Saxo Bank, discusses the market outlook following a fire sale of stocks linked to beleaguered U.S. hedge fund Archegos Capital Management.
Archegos fallout a ‘harbinger of what is to come,’ strategist says
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I pooped
Down down down soon…
Ooops
I didn’t qualify for a mortgage with 100k down on a 250k loan. Literally 40% down and the mortgage payments were going to be half of my current rent payments. I was denied with loss of income and no assistance during covid while my bills continue, expenses rise and no sign of job recovery.
Meanwhile these loose cannon gamblers can borrow money at these ratios and over leverage themselves beyond reasonable risk. Banks have their heads up their asses when they evaluate risk before lending. I just want to buy a modest 2 bedroom home so I can live happily ever after and get out of the renter department at the age of 45. I’ve been working my whole life since the age of 14 and Meanwhile these greedy people are in search of another vacation mansion, yacht, or private jet.
Shit sucks. Only way out is to play their game and get in the market, and then beat them at it.
Maybe there’s no other way left for corporations to genuinely make a respectable return on investment other than taking a big risk.
Blame the regulators, who introduced caps on holding percentages in publicly listed companies. Blame your politicians, who stop M&A deals citing useless stuff like anti-monopoly (even when the two parties are willing to get into an arrangement and neither of them have ever stopped other companies from competing).
Blame your Fed for damaging your economy.
Americans need a good dose of communism for experiencing the euphoria of equality kicking in.
Come to ND, we can assist and probably find you a lender to work with!
whenever anyone use the big word “harbinger”, you know big shit show is coming
$SpCb
Believe it or not you still want to be too long not short I know that’s ridiculous
Or they are blowing smoke…
He’s from Denmark so he’s a bit more honest and blunt. Still a banker though.
Don’t spread fear stupids. Markets are already shit for 3 months now.
It’s very violations to covering ups in those and these criminals activities and scammers to get all those big cash of MONEY’S to it’s obviously to crashing the stocks markets because too much greedy to makings MONEY’S and Money’s MAKERS too much scams and scammers!! Very abusive of power and to get all those money’s I wish and I hope to those groups people members I wish and I hope you’re will not to karma’s all those members of your families because you used and using the my distribution and my contribution in responding I COVID19 RESPONSE and climate change to sinking in taking and takings Money’s of the lives of the people.👎 I know and I knew it to read a d reading your game’s hahaha!!
Love to see hedge funds and banks get screwed.
Nah, they eventually get bailed out with our tax dollars
This is a joke this is Anna Gray zone this is exactly what banks an firms do
every single last one of them is still leverage to the kilt and they have to be
Be long not short until a couple dozen of them blow up
$SpCB buy meow you’re about to see crazy or moves and small caps
They have no choice but to open volatility
Because we’re still in macro deflation
See you all run around and scream inflation like schoolgirls and then you wonder how this stuff happens
I’m sorry, what did you say?
Market doesn’t care about idiots behavior of Investment bank. Already, we know there are so many amateurs in largest banks
wall street never sink
Canary in coalmine.