16 Comments

Greg, please do a dedicated video on these major back to back spikes in the 10yr yield and how that relates to the same that you've noticed in history. Give me some historical info on the subject. What has happened in the past. Thanks 😃

Expand full comment

I heard someone(Rob K?) describe this as a "controlled demolition of the economy in slow motion as to allow the elites to board the lifeboats of the Titanic as it sinks". I agree 100%.

Expand full comment

Me too. 👍

Expand full comment

Can you read my replies

Expand full comment

Yes I can.

Expand full comment

Yep. Bull market trap.

Also, how much longer will it be until

Biden blames the nuclear power demise

on the incompetence of

Homer Simpson? Gotta be soon, no?

Expand full comment

This is such an annoyingly obvious bull trap.

Wish the market would just get it over with and drop.

Expand full comment

Then the MM's/institutional investors/whales wouldn't be able to laugh their asses off as they trick/whipsaw the crap out of our dumb butts. 😃

Expand full comment

Just saw the Prez wants to pour billions (maybe more) from American Rescue Plan to ensure solvency of pension plans through 2051! Damn. If this bill passes, can you imagine what it will do to boost Wall Street? Could mark a perpetual bull market for 30 more years! And what will that do to the debt market? Greg please comment on this.

Expand full comment

Yes that’s what’s on the plans. Not all the city and state pension plans and benefits are solvent. This is a BIG DEAL for the pension plans that had to cut benefits and are not solvent. It’s a BIG DEAL any way you choose to look at it. Will the institutional investors buy up more real estate property?!

Greg has always been on the right track regarding this market . Greg works hard day to day and he just needed a few naps and some rest as we all adjust to changes and hit the restart button.

Expand full comment

I'm not Greg but I would keep that in mind as things go.

Expand full comment

Let's take a moment to define 'unconventional Fed actions'. Imagine a poker game where all players but one is permitted a $500 max betting stake. The one - aka The Fed - gets to play with 10 million.

Let's now identify the markets where the greatest bets have been placed. Oh - on higher energy and higher interest rates - I see. Now let's take our outsized stake and sell the dickens out of energy and interest rates - until the longs cry for mercy - hand us their pile so that we are now better capitalized - and now we'll take the markets where they belong. Illegal as hell - but that's what you get when the criminals are in charge.

Expand full comment

I think the Fed has done a .75 basis increase and will do another .75 in July, 2022. You

stated you were reading the Fed Minutes which were from June, 2022 not July 2022 so

those minutes are yesterday not tomorrow. Then there will be another increase in August

or September of .50 basis points as the Fed will continue to tighten on interest rates.

So, the "Markets" that got hooked on cheap money inclusive of start ups tech stocks, etc.

and yes real estate groups like Blackrock had tons of money to invest into buying all housing

markets "until" the housing markets etc. decline in valuation/value. You see there is a tremendous

balancing of interested parties in all this as explained above and then there are consequences

of any policy over time to the general public. In order to get back into or ahead of the "lovely

markets" the Fed will tighten even into economic head winds as the the consequences of feeding

the whales and wild piggies in the "Markets" equals bad outcomes for the everyone else. That

is not the way the system does work or will work shortly. Consequently, everyone will say the sky

is falling, the markets are crashing, commodities are falling, etc., etc. "but" all these markets are

so inflated and bubblicious that they need to go down. Look at any charts of any stocks, commodities

or anything in the current market over the longer time charts and you see what I'm talking about.

And yet, those people that cry for a return to the old currency and economic system basis are all

now bitching at the Fed inclusive of the spoiled brats on Wall Street as the Fed tightens which

is exactly what they were all advocating all over every channel and every expert conservative or

otherwise. Now they all bitch and raise the question, "Is the Fed Stalling and Causing An Economic

Crash or Recession? This is after sucking off the titts of the Fed Largesse over the last decade or

more and yet they now fight the Fed raising rates as they are quote unquote destroying the economy?

You see what bs this all is. They argue they are not political either and yet this sh policy has been

going on over Presidents and Presidencies and differently controlled Congress' and Senate's yet

they want it all to be boiled down to their blue or red bs when in fact "business is business and

so to is economics 101+.

So, expect more rate increases from the Fed as they tone and tighten market conditions and for

you new home buyers expect more listings not less even as interest rates go higher as sellers will

have to reduce sales prices or have their homes sit on the market for longer and longer periods of

time. Additionally, if any of the private home and apartment builders stop building I'm sure the

government will provide assistance for lower cost housing for the general public rather for actual

old fashioned homes rather than spoiled crypts people now want and buy.

You all wanted change as outlined and yet when it comes you then promote fear when in fact

all things are relative to each other so if one goes up another may go down and so on and so

on. This is not only necessary and proper, it's a part of a healthier economic and currency system

which we all should be dedicated to.

So, consumers have to crimp purchases because prices points are currently up. Then instead of

buying three shirts they buy one "but" with a price point that equals the original three shirts and

so they take care of it as it cost them that new cost. This holds true with any purchase or investments

over time.

Expand full comment

The Fed is going to crash the housing market.

https://www.youtube.com/watch?v=zs7jvfgs2GQ

Expand full comment
Comment removed
Expand full comment

Volatility in the bond market. Not a good sign. Remember the Debt Market, as Greg calls it, is the dog and stocks are the tail. The trading desk for the FED and ECB are attempting a a balancing act of the 10year yield. The money velocity is wavering. If it stops then that planned implosion is possible. We are already in a depression. Don’t look at their fake numbers. Look at the inflation at the supermarket or gas pump and then look at income. They are completely disassociated. The spiral is downward. It’s a controlled destruction of the economy.

Expand full comment