https://youtu.be/FbN9zs24Eb0
TOKYO — Nomura Holdings Inc said on Monday it discovered a case that could subject one of its U.S. units to “a significant loss” arising from transactions with a U.S. client. The estimated amount of the claim against the client is approximately $2 billion based on market prices as of March 26, the Japanese brokerage and investment bank said in a statement. Nomura said it is still assessing the impact of the loss on its consolidated earnings. Nick Note: This is spreading. A little birdy tells me its not just one Hedge funds that is in meltdown and up to 5 financial intuitions have taken a major mulit billion dollar hit. As we have been reporting for some time now our beloved stock indices have been highly manipulated. That unsuccessful velocity breakdown to the downside and reversal at the start of the month took a trillion dollars. It failed as their was no floolwthrough. Markets are nervous and as of yet we do not know what the hedge funds books that are blowing up look like. I got a feeling some big shot Wall Street mathematicians will be back at their almamarter teaching freshman statics classes. This is not over.AND AND AND i do not believe it involves buys in NASDAQ stocks. In fact my sniff is it MAY take off the selling pressure. The last few months the boys have been beating the band and pushing their high net worth types into overseas stocks especially China. That made me very suspicious. My rule number 6 hedge fund manager: Never leverage your trading capital by borrowing money… Another conflict i had with associates. It will take some time to unwind this hedge fund growing mess. Remember when funds have a blow up their loan commitments the lending contracts kick in. This means that their lenders take over the trading book. The last person in the world you want managing a hedge fund especially in a crises is a rules based banker and their risk department full of millennial, bitches and snot nosed prep school boarding schoolboys. My sniff here is i think the hedge funds originally did a bear bull spread. A very dangerous strategy. But its a good way to make a HIGH risk trade look benign. I have tried them and can tell you i was lucky to break even. The way this works is they may have gone long Asia high tech shares mostly out of China and short US tech stock shares on the NASDAQ. Something is fishy in CHINA. Remember when Jack Mouw disappeared? Also China’s recovery has occurred without a vaccinated population…. very strange. Cost to ship a 40 foot container has gone from $800 to $8,000. And do not forget the chip shortage…… again ALL very strange. Chip supply line have collapsed with no inventory available from Teir 2 Chinese workhorse chip manufactures. These are low tech embedded processors doing very specific jobs. Like controlling your anticlok breaks or your microwave oven. Also some chips in cell phones are coming up short like the WIFI module….. All very strange.