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potatohead

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potatohead last won the day on March 18

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About potatohead

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    Professor of Stock Proctology

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  1. gotta say those red channels looks like a "fork in the road" pattern.
  2. Lee, great article on BLS data. The 10 year period you mentioned that takes last 5 years and next 5 years using the x-13 formula, was that from the following: " That is, a final seasonally adjusted estimate for a single time point requires up to 5 years of monthly data preceding and following that time point. " https://www.bls.gov/cps/seasonal-adjustment-methodology.htm
  3. Is it me or is the green on your chart getting brighter, the higher the market goes up?
  4. Lee, Congrats! You have been absolutely on top of this in your research. THE TREASURY DEPARTMENT SAYS IT WILL EMPLOY MEASURES TO AVOID AN UNPRECEDENTED DEFAULT ON THE NATIONAL DEBT THIS SUMMER https://apnews.com/article/financial-markets-national-debt-health-coronavirus-pandemic-government-and-politics-a95665cfc7fbd8504fc91fdb2a6eb861
  5. market not feeling the love today... your chart may see a splash of red
  6. I really appreciate your views and candor. Your brutal analysis is right to the point and needs to be heard. Here is my latest interview.
  7. From Bberg.... “The consumer has so much money they’re paying down their credit card loan -- which is good,” JPMorgan Chief Executive Officer Jamie Dimon said Wednesday. “So the consumers have $2 trillion more cash in their checking accounts than they had before Covid. That’s also true on the business side, where businesses took advantage of huge financing in the marketplace to raise a lot of cash.” This has to be the first recession in the history of mankind that everyone had more cash at the end of the recession than when it began. My god, not sure which part of the business cycle
  8. He certainly has an understanding of the banks. However, constantly quoting regulatory rules as a way of explaining market operations is truly not the same thing and becomes very confusing. This is where your analysis shines. It pokes through the BS correlates actual market conditions to why the Fed is doing what it does.
  9. Lee appreciate the comments. to gameblazer on twitter. I would like him to engage the conversation because his view is banks are in a great position and there is no liquidity concerns.
  10. So now that the banks are reducing loan loss reserves, everything is great again? Are people actually paying down debt or has the relief from the government only kicked the can down the road?
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