I think this is just the start. As moves get more extreme, they will eventually break any institution that is crazy enough to be leveraged-short-risk and/or you've loaned a ton of money on a New York commercial building which now has a 60% vacancy rate and whose value has dropped by 97%. I predict that lots of institutions, used to trading in placid markets, will blow up during the upcoming period.
from Peak Prosperity https://ift.tt/qYZn1Pe
