Have I ever mentioned how dangerous it is to short anything other than frauds in a bull market?
(why yes, yes I have)
Let's check in with the Fly at iBankCoin:
Oops, wrong link. He can get a bit emotional. Here he is after calming down a bit
Last year Gundlach told everyone at the Sohn conference to go long emerging markets, short SPY. I could deal with that rec and accept it, even from a disgusting, filthy, bond guy — such as himself. But this year he’s gone too far.
At the Sohn conference this afternoon he told people to short Facebook and to get long oil stocks.
The details are as you would expect — Facebook is a public relations nightmare, an evil corporation spawned on earth to spy on and control the populous. I love how FUCKED FACES like Gundlach are just learning about this now in 2018. We all knew Facebook was doing this and those of us who were keen to their schemes avoided the platform altogether.Which was followed by:
All of the socials are honey pots to fetter out dissidents....MORE
As I said, emotional.