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dgul

When the biggest bear folds...

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Presidential cycle - In on year, the SP500 is up a respectable 16%. Republican candidates are considered pro-business. The only bet was logically to be open minded to a bull market - Did Hugh still bet for a bear? We have had that already during the Democrat years with the 08 crisis.

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Presidential-cycle-4-30-11.png

Ignore "we are here"

Edited by 201p

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Hendry has made bets on German residential real estate and the break-up of the European Union.

https://www.reuters.com/article/uk-hedgefunds-eclectica/scottish-hedge-fund-manager-hendry-calls-time-on-eclectica-idUSKCN1BQ0VX

I think there are much bigger fishes in the pond which has a vested interest in keeping the EU in some shape or form. Think Soros money - which probably has near limitless resources.

The Breakup of the EU won't happen with the pro EU forces lying down without a fight. The market can remain irrational longer than you can remain solvent also applies.

Edited by 201p

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Play the video at 1.5 speed.

He is bullish -Today is more like 1995, than 1987 or 1929 14mins in.

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However, I will remain slightly cautious as it is the 30 year anniversary to 1987, 12th October this year.

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