It looks fine from my end. Not sure why it’s not showing up on your end.
You sip on $7 pumpkin spice lattes with whip…
I sip on homemade bone broth…
We are not the same. 
UPDATE: From Oct 18 - Oct 25
US net liquidity roughly DECREASED by -$49.6B.
Fed balance sheet: -$25.3B
ORR: -$50.2B
TGA: +$74.5B
OPINION: For the first time in several weeks, the latest weekly results are net negative for risk assets, all things being equal.
Compared to recent weeks, more liquidity has been added to the TGA while less has been withdrawn from the ORR, likely secondary to lesser issuance of short-dated T-bills by the US Treasury.
Net liquidity is still rangebound since April 2022, and is currently sitting near the center of this range.
Still a crab market until something changes... 🔥🦀🔥
I believe that true net worth is only priced in #Bitcoin. It’s the only reliable measure.
I just want to preserve and grow my purchasing power over time… which is the opposite of what government fiat currency does… and is what Bitcoin is designed to do.
For the first time in history, it is actually fun to simply save.
#Bitcoin
In a world of unlimited fiat production and uncertainty, flee to absolute scarcity and certainty.
Flee to #Bitcoin.
To be clear, if it were a truly “free market” then the US absolutely should be in a recession.
But the MASSIVE amount of fiscal (government) spending is *artificially* boosting GDP and preventing an official recession to occur.
Can they keep up the charade throughout 2024 and allow the underlying economy to recover?
Or will their actions only serve to worsen the inevitable outcome?
I give it 50/50 odds.
Let’s see what happens. 🍿
On a fiat currency standard, central planners argue that more fiat must be created in order to fund two or three simultaneous wars.
On a #Bitcoin standard, decentralized users understand that sustained major wars are generally unaffordable, massively wasteful and, therefore, unlikely to occur.
One currency standard generally wastes human life, while the other monetary standard generally preserves it.
Which world do you prefer?
The choice is yours.
#Bitcoin is better money for a better world.
Lots of older people struggle to understand #Bitcoin.
“How can it be real money if you can’t touch it?”
I tell them that Bitcoin is weird just like the internet is weird.
They remember life before the internet and were skeptical that it would have much of an impact… even years after the arrival of the internet age.
Now all of them, even the most technologically unsavvy, have smartphones and use the internet on a daily basis.
Even though it is intangible, it still is *everywhere* and it pervades nearly every aspect of their lives… usually for the better… or, at least, for tremendous convenience.
I tell them that Bitcoin is just the internet of money.
You can’t see it, per se, but it is everywhere… and it is massively useful and beneficial to those who start using it.
Just like the internet was clunky and the butt of many jokes and skepticism (and lies) in the 1990s while the underlying infrastructure and use cases were being built out, so too is Bitcoin the butt of many jokes and skepticism (and lies) while the underlying infrastructure and use cases are being built out today.
Simply put, Bitcoin is better money for a better world… even if some folks don’t quite understand it just yet.
Hope this helps.
Cheers.
Alternatively, high yield corporate debt is just repricing higher to match the underlying move in Treasury yields.
UPDATE: From Oct 11 - Oct 18
US net liquidity roughly INCREASED by +$19.0B. 👀
Fed balance sheet: -$18.9B
ORR: -$88.6B
TGA: +$50.7B
OPINION: This is mildly net positive for risk assets, all things being equal. Net liquidity still rangebound since late-April 2022, but it has been trending materially higher since its late-September 2023 lows.
DYOR
🔥🦀🔥
No. I should have added #16. Subsequent new highs for bitcoin after resumption of QE.
My #bitcoin price playbook for the coming two years, based on past performance (which does not guarantee future returns):
- October 2023-March 2024: ↔️⬆️ (may approach $40-45k)
- April 2024-September 2024: ⬆️
- October 2024-March 2025: ⬆️⬆️ (probable new ATH by 4Q 2024, then rally above $100k)
- April 2025-September 2025: ⬆️⬆️⬆️ (highs in the $100k to $1M range)
(DYOR. Not individual investment advice.)
For those not on Twitter:
Event horizon... my sequence of events (just a guess):
1. Remove US debt ceiling ✅
2. Massive debt issuance ✅
3. Absorb much of debt issuance via T-bill issuance and absorption from the overnight reverse repo (ORR) market ✅
4. ORR is depleted sometime in 1H 2024
5. Treasury market shows increased instability (via high and rising MOVE index)
6. Treasury slows issuance
7. Fed implements mandatory increased bank reserve requirements to help absorb Treasury issuance
8. US Treasury debt issuance speeds up
9. Severe bond market instability as private sector liquidity has been fully tapped dry
10. Financial institutions start to fail in earnest; contagion risks heightened
11. Risk assets crumble with extreme volatility
12. New Fed liquidity patches initiated/revived, but with little effect
13. Bear market recession; proverbial "blood in the streets"
14. Fed declares massive #QE
15. Bottom in risk assets; #bitcoin soars to new highs by late 2024-early 2025
Take a break from the nonsense.
Play some #tennis. 
Dishonest people and corrupt governments naturally hate #Bitcoin because it forces an honest unit of account on whomever or whatever uses it.
Bitcoin forces everyone to stop playing pretend.
It’s as simple as this:
#Bitcoin is superior money simply because it has superior monetary properties.