Thursday, March 11, 2021

The Sarcasm Report v.284

March 10, 2021
Bloomberg: A New ETF Named FOMO Targets Everything From SPACs to Volatility

If it comes to market, FOMO will be the latest in a series of ETFs appealing to the runaway risk appetite sweeping across assets.

Don't forget to buy FOMO on margin. Wouldn't want to risk missing out on the extra returns that leverage can provide when buying an ETF based on the fear of missing out.

2 comments:

Mr Slippery said...

I think people that buy the FOMO etf will get what they deserve, good and hard.

Same goes for people who go the desert casino Morongo. I pronounce it Moron-go. It's a real thing on the way to Palm Spring.

Stagflationary Mark said...

Visited site:

When you play at Morongo, you're playing safe.

I think they mean the pandemic. If you’ve got a gambling addiction and credit cards, then all bets are off (figuratively, not literally).