Never let a good sunset go to waste.

Sunset + ocean = perfection ♥️

🤙

Did you ever really stop tho?

Beautiful pic.

On your rip today you course corrected on Chinese bond yields, which was the right call.

But your interpretation of us bond yields is off. You might consider having Luke Grommen or Jeff Snieder on to discuss this.

Us bond yields are spiking because people need dollars to pay for dollar denominated commodities and ironically pay off dollar denominated debts.

The same parties that hold lots of bonds also hold lots of dollar liabilities.

UK and French bond yields and their signal are a different story, and in line with your interpretation.

I liked Luke's recent pod with nostr:nprofile1qqsvfr3f7p95stxqrjslnmuvsmhcxxxqt8swjdfjx5tz7zq0yms5cygpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg4waehxw309ajkgetw9ehx7um5wghxcctwvsq32amnwvaz7tmjv4kxz7fwd4hhxarj9ec82css0rm9g on this topic. Worth a listen.

Enjoy La playa!

looks like the exactly same spot Gigi posted

looks like my spot in goa