Savings account and bonds?Quote:
Originally Posted by NaturalBornHustler
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Savings account and bonds?Quote:
Originally Posted by NaturalBornHustler
So the FBI going after Trump might cause the stock market to tank right? I am sure there will be plenty of opportunity in other threads to talk about the politics of this, but from a market perspective, one would think this would intensely ratchet up partisan divide, which cant be good for future prognosis of the market.
Why Tesla isn’t getting its ass sued off for the lies Elon Musk has spouted for years over the ability for Tesla to make its cars fully self-driving when Tesla NEVER formally planned to do so.
https://youtu.be/lD6ICmMRSL8
Because caveat emptor. FSD is just a way to get $10k from fanbois.Quote:
Originally Posted by MumblesBadly
Quote:
Originally Posted by MumblesBadly
why did judas rat to romans while jesus slept?
Quote:
Originally Posted by Tellafriend
Absolutely correct, this along with a slowdown in housing due to higher interest rates, is a time bomb.
Travel anywhere and you will see plenty of people who obviously are living off Cards above their means. Vegas and Florida are both perfect examples of this. Add in all these scam 6 month Easy Pay plans and it’s clear as day the banks have again made a decision that they will be bailed out AGAIN when everything crashes.
They are making a calculated decision that the money they are making in interest and from bailouts is worth the risk of deadbeats not paying they back.
Quote:
Originally Posted by The Boz
https://i.kym-cdn.com/entries/icons/...prisedkirk.jpg
Everything was fine until I saw Dimon’s name. Nevertheless, he is correct. Our shift from Globalization and the dollar together with an economic world war is gonna be difficult.Quote:
Originally Posted by Tellafriend
It is a long overdue cleansing and the realization of several long term cycles. Admitted Ray Dalio bum here from way back.
An aside…. margin has vanished. I’ll find some chart but careful with them negative waves Moriarty. We might take the dog for quite a walk.
It’s a complicated game.
Quote:
Originally Posted by SanlmarEverything was fine until I saw Dimon’s name. Nevertheless, he is correct. Our shift from Globalization and the dollar together with an economic world war is gonna be difficult.Quote:
Originally Posted by Tellafriend
It is a long overdue cleansing and the realization of several long term cycles. Admitted Ray Dalio bum here from way back.
An aside…. margin has vanished. I’ll find some chart but careful with them negative waves Moriarty. We might take the dog for quite a walk.
It’s a complicated game.
at some point it the bearish clickbait will reach a tipping point and simply become a self fulfilling prophesy.
actually hated the close today. not good
We see these feel good stories all the time, right? No, we did not. Global winter is coming.
A man who held up a bank demanding his own money becomes an unlikely hero
Many in Lebanon can't access their life savings because of the economic crisis. A hostage-taker in Beirut surrendered in exchange for some of his funds, which he needed for his father's medical bills.
https://www.houstonpublicmedia.org/n...unlikely-hero/
The bears haven’t been wrong over the last 40ish years, they were just papered over.Quote:
Originally Posted by sonatineQuote:
Originally Posted by Sanlmar
Everything was fine until I saw Dimon’s name. Nevertheless, he is correct. Our shift from Globalization and the dollar together with an economic world war is gonna be difficult.
It is a long overdue cleansing and the realization of several long term cycles. Admitted Ray Dalio bum here from way back.
An aside…. margin has vanished. I’ll find some chart but careful with them negative waves Moriarty. We might take the dog for quite a walk.
It’s a complicated game.
at some point it the bearish clickbait will reach a tipping point and simply become a self fulfilling prophesy.
31 Trillion. People can’t really comprehend how big a number that really is.
Elon Musk will be convicted of stock market manipulation. He has to be. No way they continue to allow him to control the stock market this way.
https://www.youtube.com/watch?v=6gy5P45hEN4
So you’re telling me the money supply is still growing? Lending dollars into existenceQuote:
Originally Posted by Tellafriend
has anyone looked at the trading range of the BOIL options i offered a month or two ago?
<victory lap>
Been dabbling since you told me about it.Quote:
Originally Posted by Tellafriend
You looked at Uranium? We can raise each other’s hands on the podium.
Read the stories.
For instance, Japan has to import all their energy which of course is negative trade balance AND they keep buying Yen with dollars they get from selling treasuries (to prop up yen so they can buy oil etc etc.). They are going ALL IN on nuclear.
That’s just one.
However, the Ukrainian nuke plant is a bit of a black swan - maybe not a classical black swan as there might not be any surprise over a disaster. That would harsh our mellow, huh?
Speaking of which, never has there been a more fertile and wild environment for a Black Swan. Socio, political. Global, yada yada
You’re in my thoughts and prayers as I look at your binky NVDA yung ‘tine.
Not only wasn’t it a long but what a heroic short that woulda been. We both still had a fondness that clouded our brains.
This thang can go to $75 and what would that say about life in general, huh?
Right now there is likely a peaceful man who is looking at his Koi fish in his pond he dug in the backyard who doesn’t know what CPI is nor Crypto nor cares but knows that the sun feels good against his balls and he enjoys swimming nude in his garden. Who is more free?
JUST IN - Twitter shareholders approve Musk takeover deal.
foraging for wild berries and bugs for sustenance when you are starving will put this Twitter nonsense in its proper contextQuote:
Originally Posted by devidee
perhaps you haven’t heard the good word today?
ChessFraudAlert
Elon Musk suggested anal beads could be used to cheat at chess
There have been plenty of discussions of outside signaling devices contravening the rules of a sport or game, from trash cans to many more. But a new and rather personal one got some discussion this week as part of a long-brewing debate about Hans Niemann’s Sept. 4 chess win over Magnus Carlsen at the The Sinquefeld Cup tournament in St. Louis, organized by the Saint Louis Chess Club. And Elon Musk (seen above speaking at South by Southwest in 2018) played a major role in that, suggesting that vibrating anal beads might be a potential way to cheat.
https://thecomeback.com/weird-news/e...nal-beads.html
(per thomas) the source of that was some foreign blogger making a joke and somehow it percolated through the moronosphere until it was attributed to elon musk.
I see you lurking Tellafriend. My favorite bear. Just wanted to offer a quick take
We were talking about Treasuries months back. We weren’t particularly optimistic. Daly contributed a dissenting opinion.
Well, now bond liquidity is drying up. What if Treasuries went “no bid”? Can you imagine?
Bank of America is suggesting this is a real threat and is suggesting the creation of a government sponsored market maker.
In my wildest dreams even 5 years ago I never would have imagined anything of the sort. The speed of various changes including CBDC has me stunned and rethinking the whole capitalism model going forward.(jk) Biden nominating the Russian professor for Comptroller of the Currency based on her insane White Paper (which the US obviously loved) absolutely flipped me into thinking government intervention in markets and financial privacy is a certainty very soon.
Liquidity in the US Treasury market represents the biggest systemic risk to stocks since the 2007 housing bubble, BofA says
https://news.yahoo.com/liquidity-us-...195026958.html
I will test you in subtle ways to see if you read this. I’m watching you.
My Uranium stock UEC has tanked along with everything else and closed today at my purchase price of $3.24 or so. Damn thing triple topped at $4.60’ish but I held like I had tomorrow’s paper. Oh well.
I’m sure you’re crushing it. Your mind is right.
i'm here. just taking it all in. i've been buying sqqq options every couple of days and scalping. rinse and repeat. should the fiscal conversation turn honest, we are in a new dimension and there is a whole lot more blood ahead. let a small nuke go off in Ukraine. i sold my urnm at 74. didn't like the risk of the shelling near the nuclear plant in Ukraine and am waiting for the mid 50s to re-enter. uec is still good shit. just hold. i'm fallible though; bought TELL last week. Fuck me. Long term i expect i could do a 10x bagger with it, but odds are i will sell for tax purposes year end. somehow i've made money this year.Quote:
Originally Posted by Sanlmar
our prior discourse concerning the cost of carrying the debt is becoming mainstream. don't see this ending well for anyone. worldwide financial collapse? why not? then what? idk.
looking at you San.
https://twitter.com/leadlagreport/st...87943254286339
take a few minutes and read the comments.
Your boy pulled something out of his pocket. Gonna dig when I get a chance. I’m sure I’d be amused - I can’t imagine that argument. I’ll agree things did go horribly wrong there. Regime change is our bread and butter tho. HmmmmmQuote:
Originally Posted by Tellafriend
Druff prolly knows
lmao 'gayed'
More doom and gloom but that doesn’t make it wrong:
https://twitter.com/macroalf/status/...Lz92Y0h417bwXg
Jeez, pension funds were using derivatives to create enough income to cover anticipated liabilities. Young people paying in wasn’t gonna do it.Quote:
Originally Posted by Tellafriend
When bond prices fell (cause interest rates are rising) the pensions got screwed cause they were expected stable bond prices and they were leveraging bonds
Now they are being forced to sell the “bonds’ as if margin called and BOE is buying them like good old Quantitative Easing
Hmmm, derivatives. I know this tune.
As we discussed it’s the bond market not stocks … saw this a mile off.
So so screwed.
Wish I went short Weds but I was confused and nervous that I might be wrong. I wasn’t. Always sell the spike
I ain’t sharp enough to figure this stuff out during the day but this was a “Lehman moment” until the BOE moved in.
The “no bid” (liquidity problem) Treasuries black swan really isn’t a black swan anymore cause it’s coming. No surprise
It feels so dated. There is no mention of our beloved Treasuries Tellafriend.Quote:
Originally Posted by Tellafriend
The following is such an embarrassing demonstration of my fairly pedestrian understanding of finance but here we go cause I love this game right now more than the NFL.
Japan has been trying to do yield curve control. They still insist they want their rates to be near zero. (jPN inflation rate is very very low - but I digress)
* Japan prints yen.
* Japan takes yen with wet ink and buys their bonds. This bids up bond price and lowers the return (effective interest rate). Success!
* Japan’s yen (oops) declines in the world FX market cause they are printing like mad.
* Japan sells lots of their US Treasuries to get US dollars which they then use to buy yen on the open market and bid up their price. Japan has been historically and famously one of the biggest buyers of our debt. That’s history. Now they are selling like a mofo.
You can actually see when they sell. Last Thursday at 4:30am if I recall you could see huge spikes everywhere. Made the news.
Japan is just an example. Everyone needs dollars as the milkshake guy points out. Everyone has Treasuries to sell to one degree or another. This puts pressure on the T Bill market and increases yield. Liquidity becomes a concern cause who da fuck is buying them except Daly or a Central Bank?
Bonds make the stock market look like a small poker home game. It’s a monster. We need to remind ourselves cause shorting TSLA and all that is more fun.
Rumor Queen Yellen is stepping down at the midterms.
Yellen went to Japan recently to plead with them to stop fucking around and let the market determine rates both for currency and bonds.
I love her. She’s so earnest.
But Yellen leaving is interesting. I wonder if any Russian finance professors are able to travel to the US now. We will see who is nominated. I literally can not be surprised. Impossible
You guys following Sam Bankman Fried (SBF) sparring with Elon about buying Twitter from him?
Elon asking basically, “who are you”… “you have any money?” Lol.
Some people say it’s fun to follow. Twitter, a clown and an autist. Can’t make this stuff up.
Meanwhile Burry is clearly off his meds.
There is just too much to follow … it’s like a firehouse… none of these guys are consequential and I just don’t have time but someone please post some of this comedy.