We were a bit surprised to see a cartoonist making a very specific call about a forthcoming "correction."
So we reached out to him to clarify his remarks, and he was kind enough to respond via email.
I'm glad you had the wisdom to get a cartoonist's opinion on global financial markets.
The 20% estimate is based on the fact that 20 is a big round number and more likely to happen than 30%. I don't like to over-think these things.
My reasoning is that the people at the highest levels of
Now consider that the characters - who are literally geniuses in many cases -have an immense financial motive, opportunity, and a near-zero risk of getting caught. How do you think that plays out?
We can only give a guess of the odds that the market is being manipulated. So I ask myself: How often does the fox leave the hen house because he feels that taking an egg would be wrong?
If you have a different answer from mine, I applaud your faith in human nature.
There you go.
So there you go...