### Comment:
Yea your right Housing construction isnt down 20% in the last 9 months 
  
 Personal debt isnt at an all time high 
  
 Spending isnt falling off due to debt 
  
 Rates arnt increasing 
  
 &amp;#x200B; 
  
 Lets compare your positions to my ITB puts

### REPLY:
They're down for the first time this year. Still up overall this year. Closed my positions. This is a response to the Feds. All we have lost so far is what we gained in the summer. So unless you started investing 3 weeks ago you haven't lost anything yet. We'll be fine. There's no shady shit going on that could result in a recession like last time.

### END.