A record inversion of the 30Y - 2Y.
-113 bps!
You guys are brilliant at this stuff!
Maybe, just maybe, it’s an attempt to make inflation double digits because three whole companies (most likely too big to fail banks) will be the only ones left to provide products and services to every industry. You can’t print supply chains. 🤷♂️
The economy is already flying off the cliff, but don’t worry…. Jerome Powell not only has the breaks full pressed, he’s pulling-up on the emergency break too.
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They are stepping on the gas and hitting the break simultaneously. The gas is the TGA and Repo, while the break is QT from the FED. It’s all narrative control and the manipulation of liquidity into the hands of the chosen ones.
They are stepping on the gas and hitting the break simultaneously. The gas is the TGA and Repo, while the break is QT from the FED. It’s all narrative control and the manipulation of liquidity into the hands of the chosen ones.
Is Greg eating a PBJ on the road-trip right now?
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This girl thought we were lunatics then her phone started going crazy with Zaps from around the world. She couldn’t believe it.
US Services PMI Signals Inflation Re-Accelerating In Feb, Return To Expansion
Surge In Mortgage Rates Above 7% Sends Homebuyer Applications To 28 Year Low
Sometimes life feels like it sucks.
For example this guy named Jerry worked for his dad who was a mason. And Jerry’s job was to catch bricks being thrown down to him while he stood on scaffolding. Each time he dropped a brick his dad would reduce his minimal pay even further. But in that dank soil was planted a powerful seed of being able to catch nearly anything thrown at him.
A few decades later, Jerry Rice set the record for scoring the most touchdowns in NFL history. The guy could catch everything.
Every perceived set-back has opportunities of greatness tethered to it.
🎯
Thanks for sharing. I’ll be sure to check it out.
Well based on the ever increasing desire to manipulate markets it seems like it’s becoming the weapon of choice.