We have recently witnessed or are about to witness the implosion of a series of crowded trades namely long bitcoin, long Index ETF's and short volatility. The most important crowded trade of all is the dollar carry trade and this has been in vogue since the early 1980's. However the dollar appears to have broken out of its long term down trend line in the last 8 years post the great recession of 2008 though reluctantly so. When the real up move in the dollar occurs which is imminent look for massive carry trade liquidation and a rout in risky assets such as stocks, commodities and emerging market currencies:
Biden Will Announce Microsoft’s $3.3 Billion AI Datacenter In Wisconsin
Today—On Same Site As Trump’s Failed Foxconn Factory
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The White House noted that the AI datacenter is being built on the same
land where former President Donald Trump unveiled plans for a Foxconn
factory that ...
5 minutes ago
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