Buy SPXS. Check it out. Anybody know a better hedge against a economic collapse I’m all ears.
meaning that global liquidity conditions will naturally tighten further.
That’s the key phrase/word right there. Liquididy. Cheap money IE low interest rates that we have had for years, means there is a lot of money floating around. liquidity. Tighter interest rates means less money. Think of liquidity as oil in your engine. Oil drains away, engine seizes up. Tech stocks need lots of cheap money because profits on new things are years away. Cheap money goes away, new startups go belly up before they hit profitability.