DrStool Posted August 27, 2021 Author Report Share Posted August 27, 2021 Stopped right at the top of the megaphone. Good night, and have a great weak end! Link to comment Share on other sites More sharing options...
potatohead Posted August 27, 2021 Report Share Posted August 27, 2021 3 hours ago, Jimi said: Maybe I'm older & wiser. Or, maybe I'm just sour & angrier. But today feels even more insane than March 2000. I mean, back then, at least you could participate in "The Internet changes everything!" thesis. Sure, "Bitcoin fixes that!" seems this cycle's specific "Internet changes everything!" received wisdom analogy. But there remained pockets of sanity back in March 2000: for example, you could still earn 6.39% in 10-year Treasuries the date the NASDAQ peaked. I ask: what is the comparable security today that offers any sensible return prospect at these prices? Are you asking about a return "on" your money or a return "of" your money.......I think the latter is more important concept at this point in the bubble. Link to comment Share on other sites More sharing options...
Jimbo Posted August 28, 2021 Report Share Posted August 28, 2021 THE TAPER YOU HAVE WHEN YOU DONT TAPER I just love the FED's fake taper narrative. Somehow the deadline keeps being extended out into the wild blue yonder. Its called synthetic tapering. The FED wont bother with the real stuff while the synthetic stuff still works. And it is still working very nicely. Yes Jay is in line for two false narrative awards. I have dubbed the awards "JAYS". One for Inflation is transitory The other for we will taper shortly. He is really on a roll. Link to comment Share on other sites More sharing options...
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