10 Comments

The US economy is fake with too many worthless jobs in Finance, Real Estate and Insurance. We don't have a physical economy much these days. All shipped overseas.

Expand full comment

Greg if we go by 2001, 2008, 2020, the market always crashes 3-6 months after the yield curve uninverts. Right now the curve is very inverted but once it uninverts I’m gonna start selling long positions

Expand full comment

The opposite of what everyone expects usually turns out to be true...and therefore in my opinion, the Federal Reserve will not cut rates to zero like everyone is thinking. In fact, if they either keep rates paused long enough or cut rates too soon, this might actually cause bond yields to spike much higher above the FED Funds Rate, and this forces them to actually raise rates longer term to chase reverted yield curves. What this would do is cause deflation, which may seem to be a good thing at first, but this would actually lead to hyperdeflation over time, which is just as bad as hyperinflation. The Federal Reserve would be forced to raise rates to bring yields down, despite if the economy is strong or not...and the narrative of rising rates is "a strong economy that needs to be cooled off", therefore raising rates for longer would create an economic depression as a deflationary cycle begins. In my opinion, this is why the markets are ignoring all logic and data. The FED is stuck.

Expand full comment

The survival of the richest ...

(prepared for "the event")

https://www.youtube.com/watch?v=vEk79bjYnv0&t=389s

Expand full comment

https://wordpress.com/read/feeds/105314204/posts/5054150644

Dec. 30 2023 by J. Rangvid

Five lessons from 2023

What a year. Inflation fell as fast this year as it rose in 2021 and 2022, we avoided an otherwise highly anticipated recession, stock markets did well but were dominated by a handful of stocks and central banks lost trillions of dollars and euros. I recall five important lessons we learned during 2023.

Expand full comment

Keep bringing in the illegals, keep pushing the climate cult agenda, keep deficit spending and keep faking the treasury bill auctions. Keep funding wars of insanity and keep covering up the massive corruption. We have to keep the illusion intact until the next presidential selection. What a wonderful world. Those sounding the alarm are now the enemies of the state. Being a convenience drone is in vogue.

Sgt Schultz - I Know Nothing

https://www.youtube.com/watch?v=HblPucwN-m0

Expand full comment

When l here trickle down l think somebody is pissing on me who is much wealthier than me and feel like they are doing me favor that I am not obliged to!

Expand full comment

Its a Tiger chasing its tale U don't want to see him catch it!!!!!! But when it does watch out!and it will!

Expand full comment

Biden will step down from the office before the election.

Expand full comment

He is worthless.

Expand full comment