"Why did the Karens suddenly stop lending?"

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"Why did the Karens suddenly stop lending?" · 2

kleinbl00 · 1953 days ago

So yeah the fuckin' Fed balance sheet is now over four trillion dollars 'cuz the Fed up and bought another $72b (give or take four or five Frozen 2 weekend hauls) but apparently the WSJ has been referring to institutional lenders as "Karens" and hedge funds as Marks for two months and nobody has noticed this yet.

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uhsguy · 1952 days ago · link ·

Something wicked this way comes, supposedly there is some unusual long dated put activity for long dates Options Expiring next year but it’s still early. Even if everything comes unglued the correction won’t happen overnight.

+discuss+discuss

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kleinbl00 · 1952 days ago · link ·

or will it? One of the reasons I follow AIWierdness so closely is it's an exploration of what happens when you push an algorithm out of its comfort zone. The figure that gets bandied about is 80% or so of the stock and bond markets are HFT Markov bots; their time horizon is microseconds. If someone upsets the algos by dumping, all the algos will dump and they will dump right away. And then they will buy and they will buy right away. And then humans will freak out and then the market will no longer be 80% algos, it'll be 80% algos whose humans are trying to figure out if their training data covers the current conditions and all of a sudden the past 15 years of volatility that's been drowned in dark pools full of robots will rise to the surface at once and shit's gonna get interesting.