Originally Posted by Trip7

https://x.com/i/status/2050230304443408871



Side note....before the Great Financial Crisis the market hit all time highs despite flash red warning signs in Mortgage Backed Securities(MBS)and Bonds. Those that saw the writing on the wall and invested in credit default swaps(CDS)on those MBSs and Bonds were dismayed as the value of those CDSs continued to be marked despite fundamentals that clearly suggested the opposite.

IMO a similar situation is occuring now. So we'll just have to sit and wait as the market remains in Nirvana while inventories drain until the entire system breaks. Thats when will be a rush for exit liquidity thru a door that is entirely too small to handle the stampede