Jorma

The end of the world? Talking about the liquidity world which is the topic here then hell, the Fed isn't even printing yet. They haven't even paused QT yet. There is no way we let asset bubbles deflate if China doesn't. Period.

Well I started to run from a shower the other day and realized I can't run anymore. I'm thinking Musk might go into Crypto. If Jerry and the boys won't inflate things then he will. Obviously Tesla is the biggest con of all history. It might be hard to get the mind around but this inflation of assets is, according to plan, just getting started. How else can we get to Mars? When hasn't this monetary mania gone according to plan. Hard to bet against it.

I'm thinking AI using data on every millisecond will pretty much be able to keep the averages rising forever.

It's just going to keep on going up until the shooting starts.

Nothing to worry about. All the plates are up and spinning.

Up next. Ed Brenn.

It's looking like it might be really big shew.

You don't see that too often. On my feed anyway. A gap on the ES 1 minute chart between 8:29 an 8:30. 4 points or so. Probably an error.

Michael Jordan card sells for $2.928 million at auction. "Words can simply not express the historical significance and the importance of this card,"

At what time are Treasury auctions trades executed? Ideally rates rise into auction and fall after. If your a dealer that is and it often works that way but I have no scorecard.

Well some problem is needed so the Fed can start printing, expanding its balance sheet, again. The world is begging for more money. It will get it sooner or later. Make that sooner. The Feds balance sheet is a polite fiction. Believing in balance sheets is so yesterday. So Enlightenment. That's over.

My My first two lessons in spy school. Trust no one. Assume nothing.

It was plastered all over the Wall Street Journal a few days ago that Trump intends to alter the Fed so Jerry and the boys and the entire world are on notice. https://www.msn.com/en-us/money/markets/trumps-team-wants-to-restructure-the-fed-and-let-him-have-a-say-on-interest-rate-decisions-wsj/ar-AA1nIURc

Will today's contestant sign in please.

"What's My Line, with John Daly, Bennet Cerf, Arlene Francis, Steve Allen and Kitty Kilgallen " That was Kitty Carlisle but she was on To Tell the Truth. It was Dorothy Kilgallen who was on What's My Line. Tomorrow we can cover Gisele MacKenzie and Anna Maria Alberghetti. Unless you want to delve into Kilgallen's odd link in Kennedy assassination theories.

"with collections that day more than double the norm for the date. The source of this is unknown. Its quantum liquidity I tell you. Good old fashioned Newtonian liquidity just isn't going to cut it anymore.

I was just attributing it to the drugs.

It's a bit late but you might want to revisit the numbers of your first post today.

Remember what they say. The market has an oil roof.

With around $800 billion in the Treasury account as of last Wednesday why they borrowed anything this week escapes me. Force of habit?

This isn't the market rounding the bases after a grand slam. It's David Bote rounding the bases after hitting a grand slam with 2 outs and 2 strikes in the bottom of the ninth his team behind 3 to nothing.

We're supposed to believe that we are on the cusp of quantum liquidity. Place your bets.

BOJ makes first rate hike in 17 years. https://www.reuters.com/markets/asia/japan-poised-end-negative-rates-closing-era-radical-policy-2024-03-18/

I figure once they get this AI figured out the market will go up every day. Mars, here we come.

This AI, or to be more accurate AGI and ASI madness if it continues, is going to need a lot of compute. Compute is the current term used in AI circles to mean the computers to develop and then perform the AI. A lot of compute. A lot of money to be borrowed and I would operate on the assumption that every bank in the US today has a green light to lend for AI. Like every bank has lent to oil drillers for 25 years. Oh sure, there have been dozens of billions of defaults. So what? It isn't even a flesh wound. Billions, trillions, whatever. The US with it's continuing record output has totally rewritten the global supply demand balance.