Life Insurance companies are now succumbing to the vaxx
We know PFE MRNA & JNJ have taken the needle, but now the life insurance companies are joining in.
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Wow…Excellent Find Sir Plunger…THIS will get some attention
I am sure this is being precipitated by the Former Blackrock Hedge Fund Manager Ed Dowd who has been sounding the alarm of Wall Street
Need to keep these on a watch list
How long before Shareholders Suit the shit out of somebody
Yea, could eventually turn into a shit show. I have been short LNC and PRU… I missed my MET entry. But once the bear reasserts itself and people have their 401k’s wipped, I don’t think they will be in such a docile mood.
Sir Plunger,
Is there any inverse ETF, whether leveraged or not?
I’m averse to shorting individual names.
And also see the fall from $752 to $105 for Silicon Valley Bank …
Thanks,
GL
Eventually, will the Re-insurers be the bag holders?
Weren’t they the ones in the cross hairs either in the tech bust or the GFC (or both?). General Re/Gen Re comes to mind, connected somehow to AIG.
I’ve been wondering how long excess deaths can go unnoticed or without consequence!! It doesn’t matter….until it does! Tough to time because we here at the tent were in the know so long ago…
Right, I am been sitting on this short for a while wondering when
Just what I was mentioning the other day. Insurers are taking it on the chin and some will not make it. But since there is reinsurance it means they all suffer together. Those charts are horrible. Really really ugly. MET is going below 60 guaranteed and will keep dropping after that by my method. If you are short then hold for the ride down.
Don’t forget Bershire Hathaway. Large insurance(mostly P/C) but also big in reinsurance.