The origin of complexity
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The solar cycle is at a minimum with the onset of Solar Cycle 25. As is also apparent, the more active solar period that peaked in the first decade of the 22nd century is now entering a 30 year low activity period. Higher seismic activity correlates with low solar activity. We are already seeing evidenceContinue reading “Whole Lotta Shakin’ Going On”
There are more than a few industries that are “financially challenged” these days. Malls: Cruise ships: But if you’re really into depression, try the airlines. Here’s Time Knight at Slope of Hope: https://slopeofhope.com/2021/03/peak-airlines.html#more-194288 I’d say they were in for some rough air ahead. And, broadly speaking:
ZeroHedge on the short pileup: https://www.zerohedge.com/markets/historic-repo-market-insanity-10y-treasury-trades-4-ahead-monster-short-squeeze Actually scratch that: last week there were barely any shorts in the 10Y – that’s why the massive stop loss liquidation after last Thursday’s 7Y auction was just longs puking. It was only after that the flood of shorts arrived and hammered the 10Y to “fails” levels in repo.Continue reading “Repo Madness and Market Freeze-out: “When the shorts arrive, bring your alibis””
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