High Note.
And so the holiday-shortened week comes to a close and it delivered everything that could have been reasonably expected of it.
And so the holiday-shortened week comes to a close and it delivered everything that could have been reasonably expected of it.
I was told Icarus would be unleashed.
The win streak is over.
“Right away, you’re ready to sell it.”
“YOUÂ WILLÂ RIDE ETERNAL, TACKY ANDÂ GOLD LEAF”…
Boy, I’ll tell you what: you people are yanking money out of bond funds like there’s no tomorrow.
Ok, so do you want to see something funny?
“Oh, they’re drunk. How would they know where we’re going?”
“We will probably never know, but I think it’s an interesting exercise to speculate on the reasons for the massive bet.”
“…inflation risks are clearly shifting to the upside.”
So the real drama (if there proves to be any) will come tomorrow.
It may be time to question your religion.
So watch bonds. And the dip buyers. Oh, and maybe Bitcoin, too…
Well, damn.
Translation: this is not a drill, dammit.
I remember when…
Rollercoaster.
The bottom fell out.
Ok, I’ll say it: bless her heart.
“I am 99.90 bid the 0.10%’s of 27.â€
“OK, paying 90. For how many?â€
“unlimited…â€
“How’s that workin’ out for you?”
There’s your retail interest.
Safely. Of course.
“… and the sun became black as sackcloth.”
Remember “How’s Your 401(k)”?Â
The screens are red. Might need to reboot.
Monday, Monday.
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