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Jorma last won the day on April 20

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About Jorma

  • Birthday 06/28/1951

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Professor of Stock Proctology

Professor of Stock Proctology (7/9)



  1. http://creditbubblebulletin.blogspot.com/2021/07/weekly-commentary-beijing-flinches.html
  2. The Chinese market had a bad week Japan and HK too. An X factor to keep in the back of ones mind. They beauty of Friday is by the afternoon all that can be forgotten as everywhere else is closed.
  3. Also on the taper. I predict that no tapir will ever be seen in or near the Eccles Building.
  4. I see the Fed is going to open the repo window to others besides the PD's. " Counterparties for this facility will include primary dealers and will be expanded over time to include additional depository institutions." Is that new? I doubt it's significant unless hedge funds and Blackrock will be deemed depository institutions.
  5. Sorry about the extra i. It was early. Yep, Fed substantiation day. You're out of the woods You're out of the dark You're out of the night Step into the sun Step into the light
  6. A very ballpark guess on the infrastructure deal is that it will raise Treasury borrowing a couple hundred billion over the next calendar year, probably less. In this case nobody knows exactly, but exactly hardly matters when it's only a couple hundred billion. It's a freaking rounding error in the big picture, until taper. No, not that kind of taiper, which is endangered. So is Fed taper probably.
  7. I see an autographed Patrick Mahomes card sold for $4.3 million. I figure It should go for about $100 million by 2030.
  8. The vast scale of the infrastructure to replace even half of current oil energy with hydrogen is tens of trillions and it will require lots of oil to get there.
  9. I can make the case that US Treasuries are one of the worlds worst investments
  10. Sorry I missed this because I have the definitive one Hotter than a basket full of assholes
  11. Everything seems perfectly normal. We have a warm front moving into Michigan from the North for the 4th.
  12. If ever there was a time when the stool hits the impeller it would be when the Doctor is out.
  13. We await the pattern when the Bronto is facing left and his hind end is facing the right. Well I do anyway.
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