Jorma

Wow. Finally an interesting question at a post Fed meeting press conference. "Some of the president elects advisors have suggest you should resign. If he asks you to leave would you go" "No"

The revolution was televised and nobody mentioned it. These chumps sitting on top of mountains of assets actually think they are sitting pretty. Poor innocent little lambs.

"Discounting the rebuilding of the Russian army and its return to Warsaw and Berlin, and who knows, Frankfurt, Brussels and Paris." I think your misapprehending the situation. It isn't to somehow occupy countries, it's to end Liberalism End meaningful elections. Have one party states. Big Boss Putin can meet with Big Boss Trump and work things out. What they are missing is nobody is going to want to work anymore. Not for bosses richer than God.

A distinct lack of substantiation from Treasury Coupon Land. Why do I have this overwhelming feeling that substantiation is on the way?

It's like watching a train wreck.

At this juncture it's hard to imagine the news will be just noise. That the relentless inflation of assets for 40 years will just continue more years and then more again, on an upwards march as the consent of the governed disappears. I won't bet against it but it's pretty hard to imagine how.

Uncanny support at 5801

They have taken care of all the gaps in the TNX chart, except the biggie 11/2/23 at 47.78. Which is way way out of reach. Impossible. Or just about that time, during a hedging accident, the Fed will let loose again. So come to think about it could be. You know they are dying to print again.

It's the Devils Tower formation.

It's pretty cool that since the Fed 'lowered rates' on Sept 18 TNX is up .4% and everyone is already getting hot and bothered about the next cut.

China has finally gotten lift off on financial assets. If this keeps up the Fed is going to have to do QE soon. As I've said before but nobody believes it, there is no way the Fed allows any deflation of asset prices unless China does too and it will not be allowed to out inflate our markets either.

Now this is a proper launch failure. Now worthy of the film, yet.

Any possible crisis is a potential trigger for Fed printing and nobody wants to miss that. It's only a matter of when so every punter in the world tries to front run it.

I know, it's just news. https://www.reuters.com/world/china/china-unveils-broad-stimulus-measures-revive-economy-2024-09-24/ Obviously the world needs more money.

Higher is the new lower.

Seems like ES is pooping out

Lee, how about a short primer sometime on the mechanisms and motivations of the parties in the TBill repo market. I think I know but many don't.

Bitcoin has a market cap of $1.5TN. In the big picture that's chump change. Anyway in the growing crypto space in derivativeland if there are significant pools of shorts.... Well, we all know what happens then.

Schwab is broken for me. No login possible mobile or desk

As accidents go the short covering rally in long dated Treasuries is a fun one.

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.