Babylon Bee Exclusive: https://babylonbee.com/news/new-m1-abrams-tanks-to-come-equipped-with-changing-tables LIMA, OH—As part of an ever-progressing military, a new feature has been added to the next line of M1 Abrams tanks: a diaper changing table. “The horrors of war have often been unfriendly to the busy mom on the go,” said Department of Defense spokesman Clayton Brown. “Our mission is toContinue reading “New M1 Abrams Tanks To Come Equipped With Changing Tables”
Category Archives: Uncategorized
Shipping Up to Boston with the Dropkick Murphy’s – Happy St. Patrick’s Day
Use Goal Seek to find the result you want by adjusting an input value – works for Excel, the SPY, and anything touched by the State
When the NYFed has your back, that Microsoft Excel “goal seek” function works just the same way with SPY. Happy trading.
China Joe – fighting for “Da People.”
Cartels Give Biden Another ‘Human Trafficker Of The Month’ Award
Babylon Bee Exclusive: https://babylonbee.com/news/cartels-give-biden-another-human-trafficker-of-the-month-award WASHINGTON, D.C.—A group of cartel members presented Joe Biden with its prestigious “Human Trafficker of the Month” award today, marking the third month in a row the new president has received the award. Democrat presidents are constant recipients of the honor, usually winning the award many dozens of times throughout theirContinue reading “Cartels Give Biden Another ‘Human Trafficker Of The Month’ Award”
Another Week, More Repo Madness
As discussed in Bloomberg: https://www.bloomberg.com/news/articles/2021-03-08/u-s-bond-traders-stung-by-selloff-eye-inflation-data-auctions “The 10-year and 30-year auctions on Wednesday and Thursday will be closely watched as litmus tests, with weak demand likely adding fuel to bearish sentiment,” TD Securities Inc. rates strategists Gennadiy Goldberg and Priya Misra in New York, wrote in a note to clients published Monday. “Note that the cheapeningContinue reading “Another Week, More Repo Madness”
Americans are not very good at dealing with the obvious.
The header is a quote from Joe Costello and seems so on point these days. “Critical Race Theory” and the Woke-Industrial Complex? Obvious. A “Sock Puppet” as president easily lost in a DC hardware store, while aides shoo the sundowning old guy back to the home before he has an “accident”? Obvious. The border collapsingContinue reading “Americans are not very good at dealing with the obvious.”
Depopulation and Inflation in a Ponzi Scheme
In his Econimica blog (https://econimica.blogspot.com/2021/03/the-narrative-of-inflation-amid.html), Chris Hamilton continues to be among the most spot-on analysts in the econophysics. Curiously, he probably doesn’t see himself as an econophysicist. Before jumping to Chris’s recent post, note the year-over-year changes above in key metrics: working age population (increasingly negative), employees (very negative), housing permits (increasingly positive), and 30-yrContinue reading “Depopulation and Inflation in a Ponzi Scheme”
May Day! May Day!
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:
Repo Madness and Market Freeze-out: “When the shorts arrive, bring your alibis”
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””
Econophysics2020 