in a hypothetical market crash (stocks ect), what should we short? RBS recntly annouced that a market crash may be very soon. Pls gib advice to a noob here.
thanks in advance
BS, if a crash was immanent they wouldn't announce it. Which means they try to create an artificial price drop so they can buy cheap
>>1039917
ITS HAPPENEING POL IS ALWAYS RIGHT
>>1039917
Firstly, establish if RBS has a prop.trading desk on the other side of the trade.
Sell it all! Run away! = Sell us all your stocks.
Buy fixed income! Protect urselves! = Buy our bonds before they go bust!
>>1039945
As in.. their own prop. traders?
If it is to RBS account holders, it is entirely plausible they are trading the opposite side in the market.
>>1039947
PS: If it was an internal memo to their prop. traders then it's time to find a new bank.
>>1039944
I don't think RBS would give that information to holders anyway
>>1039947
Here's what it's from:
http://static.guim.co.uk/ni/1452594796380/European-Rates-Weekly-08011.pdf
>>1039966
>http://static.guim.co.uk/ni/1452594796380/European-Rates-Weekly-08011.pdf
"Looks like 2008 again."
^They're wrong. The real risk is Sovereign Debt risk. They're either stupid, or dishonest.
It probably won't be particularly easy for the majority to profit from what's coming. Even less so if you follow the advice of bankers.