Jorma

Broken link again, in the Liquidity Trader report.

I guess we're back to setting all time highs every week again, as God intended.

As a public service here are some tips on how to avoid being killed by charging bulls. https://skyaboveus.com/climbing-hiking/How-to-scare-cows-to-avoid-being-trampled-to-death

There is so much money floating around, it just as well be thought of incalculable. At any rate it has a lot of momentum. But it's slowing down I think.

How do you say polish in Polish anyway?

No problem there is still $1.4TN in the slush fund.

I think you were right the first time. Failure is not an option after all.

The NY Times this week did yeoman work explaining that inflation was the result of supply chain bottlenecks and the fallout of Covid. I actually am just going off headlines but I would be shocked if they mentioned gigantic waves of credit, ie. money, having a thing to do with it.

So where are the Treasury coupon offerings?

I was puzzled last night about why they are still paying down Bills. Its because the debt ceiling bill was just passed last night by the House. It needs Biden's signature, then we will see.

Cripes, they are still paying down bills. To my eye anyway. WTF?

Come to think about it, giant reptiles heading downhill is a a rare thing. I won't call it a pattern.

No banks open today. No cash Treasury market to worry about.

www.treasurydirect.gov is down at 8AM. That's kind of funny.

We have a number $480bn. By December 3rd I guess. Chump change.