Inflation is a Situation
Have you guys been keeping up with the Archegos crash? That looks like an absolute nightmare. Everyone believed Archegoes was solvent as well but the second there was any miscalculation, they lost everything. Worse, the banks were left to squabble over who had to incur the losses. Credit Suisse took a 4.7 billion dollar hit while Morgan Stanley got to s…
Keep reading with a 7-day free trial
Subscribe to Notorious R.O.B. to keep reading this post and get 7 days of free access to the full post archives.