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Told You So. Now It’s Too Late
Now you get it. Now everyone gets it. If only it weren't too late.
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Finally recognizing it too late, as H notes, signals how long it may be before anyone acts on it in a market impacting way. Key phrase about yield curve: “subdued for now.” Greed and denial are blinding those who know better. Many new market participants, i.e., covid era free money 0DTE and meme junkies, well, they’re just clueless about bear markets and much worse. They’ll help jack it up ala Argentina.
Lots of deer in trump’s headlights. I’m not hearing the Doors’ “The End” yet, but Buffalo Springfield’s “Stop Children What’s that Sound,” has been playing in my head off and on since trump surfaced. It’s strange (and much more) to see so much evil come to power.
As our Dear Leader notes and has been noting, more and more independent news services have stepped up discussion of the possibility. Lagging behind are the non-independent voices from Wall Street. It’s not in their interest to poke the bear unless/until a YCC crisis looks to be eminent.
This article conjured the image of the US of A tied to the railroad tracks with the Trump Simon Legree Highball bearing down.
H-man, as you astutely told us a month or so ago, we are no longer in a democracy. I just hope there are some pieces remaining in 2028 for us to pick up and start rebuilding. For the next 41 months (at least), we are stuck with our tinpot dictator.
Why so gloomy? I’m focusing on the good things that are happening! For instance, the Dear Leader and I both speak with reverence about Cracker Barrel, one of the twin pillars of Maga cuisine. (Waffle House being the other, of course.) Thanks to the “wipe out woke” movement and the president’s timely intervention, old Uncle Herschel will NOT be replaced! Nor will the chain call attention to any more LGBTQ inclusion efforts.
It’s a fine first step, but I eagerly await the return of the earlier images of Aunt Jemima and Uncle Ben who smiled upon us back when America was great.