/biz/ - Business & Finance

>>30228010
David Brady is also doing what you're doing and basically sitting in cash waiting for the Fed to announce YCC before he goes all in, so it's not as if it's an invalid strategy to have. What Brady always seems to miss however is the potential Black Swan which Alasdair Macleod is always talking about in the form of a banking crisis. If the banks nearly collapsed in March 2020 and now things are infinitely more dire and they are infinitely more leveraged then I simply don't see how they can possibly survive another flash-crash, and then who knows what happens if a person is sitting in cash. That's why Macleod wrote this tweet to Brady a few weeks ago (picture related).

>>30125302
>you're waiting for some kind of rapture
No mate, simply being positioned sensibly and exactly where I need to be in a time of literal hyperinflation and an imminent banking crisis.