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Wall Street Breakfast: Must-Know News

Let's get real people. The "market" doesn't trade off nonsense spewed by government "leaders" it trades up or down based on money flow from people like me.

-Big-P

Weekly 'Babies With Bathwater' Watchlist

The babies aren't being thrown out...they're being sucked down the drain on the back of this massive de-leveraging of hedge funds.

Please don't kid yourselves into thinking that your limited funds have ever or will ever move markets. People like me move markets NOT YOU!

Hedgies had huge leverage and that leverage drove stock prices higher. Now the hedgies no longer have that amount of leverage and at the same time they're dealing with redemptions which means the shrinking leverage problem is compounded by the fact that the shrinking leverage is levered against a shrinking fund.

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