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When one of history’s 'greatest trades' finally blows up, it could get ugly all over

From marketwatch.com

Bitcoin’s face-melting rally toward $10,000 (see our chart of the day below) is the talk of financial circles these days. But if it is, indeed, the dangerous bubble many believe it to be, its inevitable implosion will pale in comparison to the potential damage caused by the demise of one of the best trades the Wall Street has ever seen: Shorting the VIX. You’d have to be living under a rock — or maybe just a normal person who doesn’t fixate on the stock market — to not notice the incredible lack of volatility in this bull run. This persistent trend has lined the pocket of any investor who’s been savvy/lucky enough to ... (full story)

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  • Category: Fundamental Analysis