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Here's The Meaning of Yet Another Widening Range 7/30/21

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42 minutes ago, Jorma said:

I know. I publish Doug's reports, and read his exec summaries, every week. Much respect. But I often do not agree with him. 

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3 hours ago, DrStool said:

Irrelevant an immaterial. 

I need to irrimmend that. 

It becomes relevant to US markets at the point that it begins to generate margin calls. 

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Most of the time, China breaks have no impact on the US. It just depends on whether the government is threatening overleveraged wealth funds with a firing squad. Then they do sell their US assets. 

So you may be right. Just not yet. We'll only know if and when the US starts to sell off concurrent with Asia. 

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In order to keep the party going the FED needs to lend to dumb money...the dumber the better.....

The smart money is increasingly sitting on the sidelines and simply refuses to borow....no matter how negative rates are..... 

Who doubts that Robin Hood will qualify as a depository institution.

Yep....the REPO window will be put at the disposal of all the Robin Hood day traders....

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