Read on Tweetlandia that Dow Theory had new highs on both industrials & transports today.
We go higher, I guess.
It's like a new dawn. An MMT dawn. A dawn like none before.
“Oh, to be alive in such an age, when miracles are everywhere, and every inch of common air throbs a tremendous prophecy, of greater marvels yet to be.”
If the dollar were to lose its reserve-currency status, abruptly & unexpectedly, TNX could soar handsomely and grotesquely over 1.00 in the blink of an eye and for decades, without any ability of the Fed/Treasury nexus to stem or reverse it.
Dueling coverage of COVID task force on MSNBC & Fox, with the former covering the president-elect and the latter covering the lame duck.
(I misspelled fornicate....)
There is no doubt that there are two competing reality-communities occupying the same continental space.
It is troubling.
If it comes to civil war, come west, No Einstein: the West Coast will be the breakaway hub of a new nation.
Yup.
But it seems to me this is all ending with a whimpery tanTrump as the majority of the country slowly tunes him out. I am far less worried about extra-Constitutional outcomes now. The rump effort is a grift to raise millions from the gullible, alas.
Safe Harbor day today.
Lot of state-level GOP officials merit enormous praise.
DC GOP officials... not so much.
Banned almost everywhere else in Europe, U.S. tourists are finding their way to Croatia
https://www.sfgate.com/lifestyle/article/Banned-almost-everywhere-else-in-Europe-U-S-15782445.php
My superficial, uninvestigated, current working-hypothesis-since-breakfast-and-until-I-abandon-or-forget-it is that sharp declines in the cryptocurrency complex will be the bell rung at the top this cycle.
I'm not a crypto-skeptic, per se. But I have done my formal studies of money & sovereignty.
The gleeful (smug?) pile-in and emotional commitment to crypto (mainly by 20-something & 30-somethings?) is approaching "eyeball metric ca. 2000" analogous euphoridiocy(TM).
The hyper-liquidity afforded a market for something no one can see, few can cogently describe & expla
