Where do you hide today?Bonds are downMegacap tech is downStocks are down across the boardGold is downCommodities are all down, including 3% in oilFull credit to anyone who bought bitcoin, which is up 4.6% today and has had a nice rally from the Mt. Gox headlines early this month. But for 95% of market participants, there is nowhere to hide here.This Crowdstrike fiasco certainly isn't helping and liquidity is bad today with some algos shut off but I don't think that's the whole story. Market participants are de-risking right now, taking down leverage and heading to the sidelines. It's been a nice year already and no one wants to get blown up on vacation in July/August.Layer in angst about th
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