Evil Knievil: Inflation and living with lunatics

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Evil Knievil: Inflation and living with lunatics

I have no idea why the gilts market has not gone into freefall yet over the prospects for inflation and therefore the much higher yield on gilts. The long gilt stands at 138.0. This is surely wrong and is therefore a screaming short.

With similar confidence I yesterday short sold a further 200 Tesla (NASDAQ:TSLA) – this time at $1,485. I’ll get there in the end, but it is pretty punishing pro tem.

 


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