John Rubino: Hedge Fund Blows Up...Another Big Warning Sign?

Hedge Funds are blowing up. Archegos Fund gone. This is what happens at the top of a cycle or bubble.More stimmies on the way, thanks President Biden. Right on the heels of the last stimulus plan. It will insulate the system from further blow-ups.Big risks are interest rates and currencies. Even a three percent yield on the treasuries won't matter and further distortGold and silver retreating, what does it mean?$240 million this month in NFT's.Bezos fighting unionization with every dirty trick in the book. Bernie Sanders is out there fighting the fight for higher wages and better work conditions.Rush to upgrade condos in NYC due to the huge price decline. The Hamptons has turned into a year roundTrial of Minneapolis George Floyd Cop beginning.

John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.