Stocks & bonds sucking, maybe itâs a good time to start a new Hedgefundie-adventure?
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Lol, how much is it down YTD? -60%?
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Closing prices yesterday:
USD CHF 0.9948
EUR CHF 0.9912
We have almost reached financial singularity. When these prices both align at 1.0000, the world as we know it will cease to exist.
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Why do you think so? Not a finance guy here but shouldnât the value of a currency somehow reflect the economic power of a country or region? I guess that the world thinks that the EU economy is not as strong as it was and the risk of a default is slightly higher than before including the low yield rate and therefore we have an almost 1:1:1 relation between US:EU:CH if the EU starts to significantly races yields the Euro should go up again, right?
Sorry, that was a joke and an attempt to parody doom prophets. Keep your cash in the least devaluating currency CHF and thatâs it.
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So now the market decides on a whim to rise from the dead, just when we get paid out our salaries 
Donât worry, it will go down again once you have invested it. 
On a more serious note: the rise so far isnât that big, it is still a very great time to buy if we have reached a bottom. If we have not, it is not much of a worst time to buy than it was a few days ago, and looking forward 30 something years, it will probably have been a great time to buy too.
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Last time was in April 2022 for me. Donât know why the market is reacting that way.
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itâs probably missing your input 
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aaahhhh I want to FIRE now!
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Well, youâre welcome to the lottery. 
One higly leveraged right bet on the right direction in these volatile times could get you there. Or take away your house, socks and underpants.
We have to choose our poison, I guess.
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Yeah, Iâm constantly tempted by this nowadays. But then I ask myself: Do I need to take such risks? Certainly not. Iâve got enough, and Iâm not desperate.
However, entering a HFEA strategy now with 55/45 3x leveraged stocks / bonds might be an awesome ride 
Or buying some spx calls just before CNBCâs headline says âInflationâs dead, let the party startâ
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Likely, the party will start before any such headline shows upâŠ
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Agree, I stand corrected, actually, the party might be at its peak and about to end shortly when CNBC writes about it 
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The markets have been going up two weeks in a row, itâs almost November and there are talks about FOMO among retail investors. The party might have started 2 weeks ago.
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Well, the party was damped today. Still lost 10% of my lottery money on the up spike right after the FOMC statement release despite being right on the direction. Live and learn.
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VT in CHF has reached a new 23 months minimum on October 13th before being catapulted +5% in the same day. With respect to MSCI ACWI IMI Net total Return in CHF, which is calculated once per day from closing prices, we have stayed above September 29th minimum at 1861.75 CHF.
November 1st looks like a new intermediate maximum at 2016.2 CHF, -15.7% from ATH and +8.3% from Septemberâs minimum. It could be that a new round of the game have started and this level could be a key pivot (no, not that one).
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