Quarterly Market & Strategy Update - January 2024

[@ronaldwong2466]

Disingenuous not to mention CYA. Wasn’t this meant to be a “technically superior” hedging solution? Why not illuminate what the underlying reasons are to it not working?

[@lak1294]

Also, info about what is Simplify doing to fix its glaring flaws. It blew up spectacularly.

[@thomassieckmann8962]

Thanks for the update on the products performance. Very informative. It is great that you are offering these products to the average investor that were only previously available to high net worth individuals. On a side note, my son-in-law immigrated to the U.S. through a very onerous process in which he could not earn a paycheck and had to be supported by my daughter for more than a year while 10,000 people a day come the country illegally. I don't thin the debate is skill versus unskilled immigration, but legal versus illegal. Legal immigration should be much more streamlined, but illegal immigration should be eliminated. I am also amazed at the celebrations of, at best inaccurate if not nefarious, BLS data showing 2% PCE when prices are up something like 27% over the last 3 years and those are the phony numbers. Granted, they are the numbers relevant for forecasting rates. It is just that the unabated war on the middle class continues.

[@thomassieckmann8962]

I would also pose a question regarding credit spreads. As they have narrowed despite the wall of refinancing ahead. There can really only be one explanation for this. Mr. Market thinks there will be bailouts. We have lost two tenants of capitalism: moral hazard and creative destruction

[@waynewollam5232]

Thoughtful.

[@TheChinaPlay]

I would prefer more time focusing on your funds rather than the macro backdrop.

[@dennykeaton9701]

CYA

[@ronaldwong2466]

What a shitshow that ETF was / is

[@dennykeaton9701]

@@ronaldwong2466 Exactly