I am coming around the firm conclusion that the sharp sell off was almost entirely due to leverage in the system
Specifically those that took LTV 50% at 110k usd thinking it was going to 150k
The li...
I follow what you're saying, except the LTV part. As a stock symbol, it's S&P Left Tail Index. Is that your reference, or is LTV something else? Long Term Value? Loose Tart Velocity?
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