

Andy Constan
@dampedspring
Otoh the short incomplete list of why someone with assets would want cash is the mirror image 1. Cash pays a higher interest rate than expected 2. Losses, give back of profits "Fear" 3. "valuation" assets too high 4. Special case of forced deleveraging of longs.
2024-11-22

Andy Constan
@dampedspring
Otoh the short incomplete list of why someone with assets would want cash is the mirror image 1. Cash pays a higher interest rate than expected 2. Losses, give back of profits "Fear" 3. "valuation" assets too high 4. Special case of forced deleveraging of longs.
2024-11-22

Andy Constan
@dampedspring
Otoh the short incomplete list of why someone with assets would want cash is the mirror image 1. Cash pays a higher interest rate than expected 2. Losses, give back of profits "Fear" 3. "valuation" assets too high 4. Special case of forced deleveraging of longs.
2024-11-22