>>12103194>Who the fuck is hyping it?People with millions of dollars in suicidal call options on tech and medicine companies.
People with millions of dollars in city based commercial mortgage backed securities where the underlying borrowers are leveraged up to their fucking eyeballs and have been appending interest to the term on most of their properties since March.
People who run rigid multinational corporations which turn like an overloaded oil megatanker and got hit with sudden industry change like a flurry of rouge waves on the port side. Most of these hypercorps have decided on a "stay the course" strategy where they just hope the waves stop before they capsize. Their fear is that turning into the waves will let their competitors get ahead. This is what zero margin razors edge capitalism gets you in an emergency.
People in banking, who agreed to lower the interest rate to nearly zero and are now lending debt at an enormous risk with little possibility for profit, who desperately need these low interest loans to not default.
The fed, who have pulled all the stops and removed all the safeties in an effort to prevent a depression. The problem with taking such an action is it only works on short term problems. It actually makes long term problems far worse.
Essentially, extremely powerful people with a ton of money to blow on marketing, just to kick the can for another few weeks over and over again, have been heavily manipulating the narrative. It's no conspiracy, just a lot of rich people who all want kinda the same thing bouncing off each other's messaging. The vaccine hope shit has been boosting the market through mini dumps for months now. The problem is that we're being set up for another enormous crash if things don't snap back to normal before eoy. Once it's revealed that a vaccine won't be ready before Q2 2021 and it will probably have limited effectiveness at that, shit will go tits up again.
