In addition to this the Fed is going to raise interestrates by...

In addition to this the Fed is going to raise interest
rates by 0.25% as it has stated so the other 0.25%
is at least deferred for the moment but the general
message is interest rate rises are not on hold due
to the Ukrainian crisis. This gives the clear message
to any borrowers who are carrying large debt burdens
to prioritise debt reduction or face the consequences.
If shorts are continuing to rise at these low prices
then Houston we definitely have a problem unless
Mayne can pull a rabbit out of its hat in the near
future and given it’s past track record I very much
doubt that! Let’s see if the next leg down puts the
SP in the teens because it’s not too far away from
that ATM and the stock market hasn’t even begun
unraveling in earnest yet….