It’s over. The stock market is dipping and no one is left to buy. Top firms that have historically bought dips due to their reduced P/E ratios saw the rasmr stream and realized their strategy was all wrong.
Jamie Dimon was quoted as saying “Typically we deploy on these types of draw downs, but we heard Cupsey and DV sold so we just dumped it all. We’re now 100% in cash and just waiting for the next runner.”
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