I would never underestimate the will of the authorities to prolong that Wile-E-Coyote moment for as long as possible. However it does appear that monetary policy is reaching its limits, finally. Which means you either have to pull something really big/unexpected out of the bag (hear the distant sounds of helicopter rotors turning) or bite the bullet. As you say, markets don't do what you expect them to and I can't see how this will finish. My guess is it will be something almost no one saw coming, probably a complication caused by the desperate attempts to keep things going a while longer but one that remains very much in the background until it's too late.
I would want a few BTC hidden away for that day, though, and ideally very little debt.
I would want a few BTC hidden away for that day, though, and ideally very little debt.
If we assume that on a Clinton win that markets would rally, stabilize, and even possibly bull run early next year, then I can interpret that as only one thing: That Wall Street believes that she is more sympathetic to Wall Street, Banks, and the Fed, and what she would likely support when the equities/commodities market crash actually happens: MORE stimulus, MORE socialized losses, MORE interest rate suppression.... and MORE GOVT and CORP DEBT.
Which is exactly what we DON'T need more of.