Greed is a powerful motivation to be an ardent believer in the central banking cult.
Last month’s discussion of the US Treasury doing bond buybacks on the heels of a reeling bond market has faded into the background, thanks to…
That the market likes so much. I have no idea.
I’m running late this morning, trying to finish a Liquidity Trader update that should have been posted yesterday.
I’ll be back.
For moron the markets, see:
Swing Trade Scree…
The oddly-now-bullish site Zerohedge keeps looking for any reason for the market to rally this morning, even if it means doubling up and recycling the same contrived reason in adjacent articles. The lying dictatorship of China isn’t going to …
Protests have erupted across mainland China against the Beijing government’s strict zero-Covid policies. Sparked by a deadly tower block fire in Urumqi, in the western region of Xinjiang, that claimed the lives of 10 people, demonstrations spread to se…
One in five adults in the United States say they plan to go to church on Christmas Day this year. Some people however, intend to worship at a very different altar come December 25; according to the Statista Global Consumer Survey, six percent of U.S. a…
Two weeks after reporting disappointing fourth quarter earnings that missed Wall Street’s expectations on both the top and bottom line, Disney announced the immediate return of Bob Iger as CEO of the company he had previously led from 2005 to 2020. Ige…
Cigarettes do not have the same pull factor for young Americans that they used to. Looking at Gallup survey data going back to 2001-2003, roughly one-third of young adults in the U.S. said they smoked cigarettes twenty years ago. Now though, in the per…
Can you tell where it is from this chart?
Meanwhile, here’s our semi regular Cryptocalypse update.
Daily
Weekly
And the Fed still hasn’t raised interest rates.
For moron the markets, see:
…
In one of the most bizarre moments of an incredibly bizarre few years, the last gasp of the Covid Cash insanity was experienced with Bed Bath and Beyond (BBBY). Just over three months ago, based on nothing more than the wsb boys saying that they we…