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Jan 9·edited Jan 9Liked by steve

Sometimes you have to procure the property before the furniture LOL! I speak from experience, I started w/lawn chairs, coffee table, and 19" tv & stereo in my 1st real apartment (studio & hotel rooms w/o oven & bathroom don't count right?!) at the ripe age of 20! I had a girlfriend and Nintendo SNES back then, more than I can say now. I can't currently afford Hoeflation (h/t to ZH!) LOL HAHA

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:)

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Wild BondKing Bill sure nailed those 10 yr trades right! Seems the 4% & 5% handles are BIG....does that mean 4.5% 10 yr is Just Right? And who in their right mind would buy 4% yielding 10 yr when you get well over 5% going out 6 months or less? Besides those highly leveraged big Bond Traders? Thus the cries for rate & QT cuts?! Maybe CA Teachers Pension? (you see that story, they're borrowing $30B for ongoing payouts instead of getting Bent Over selling Fire Sale Assets? Oops I have a CalPers pension I better stop PROJECTING! Can you say PONZI? Hey rhymes w/Fonzi I did love Happy Days!)

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