(USTs touch lower, steeper with 'challenged' volume stats) while WE slept; "Turns Out Rich People Like Bonds" -@kgreifeld; worst year for 60/40 since 2008 and more (good = bad)
(USTs touch lower, steeper with 'challenged' volume stats) while WE slept; "Turns Out Rich People Like Bonds" -@kgreifeld; worst year for 60/40 since 2008 and more (good = bad)
Good morning … good data turned out to be bad news and we needed some HOPE on government waste and largess to help offer sticksave TO markets? ZH: Stocks Clubbed Like A Baby Seal After Tepper Tantrum; Bounce On Big Bill As far as the ‘good’ news being bad goes, a few words on Claims from DataTrek
I suppose it is possible the current flagging of bonds represents the end of the first "Tercio de Banderillas" barbing. If so, then there is yet plenty of thrilling blood sport for spectators before the "Tercio de Muerte" begins, and eventually climaxes, when the steel "estoque de verdad" is administered to the GOAT bond bull.
How many more times will the digital asset dip buyers and equity systematic-trend followers charge the "faena" of "muleta?" Till they have a date with the "descabello" (i.e., run out of helicopter money before the next drop arrives) for some I suppose. True believers, and believers in 'The Truth', die the hardest. It can only end one way in the financial markets for the 'Joan of Arcs', a swan dive into a medieval mosh pit: https://www.youtube.com/watch?v=TBhv8M8rDJc
Merry Christmas & Happy Holidays
I suppose it is possible the current flagging of bonds represents the end of the first "Tercio de Banderillas" barbing. If so, then there is yet plenty of thrilling blood sport for spectators before the "Tercio de Muerte" begins, and eventually climaxes, when the steel "estoque de verdad" is administered to the GOAT bond bull.
How many more times will the digital asset dip buyers and equity systematic-trend followers charge the "faena" of "muleta?" Till they have a date with the "descabello" (i.e., run out of helicopter money before the next drop arrives) for some I suppose. True believers, and believers in 'The Truth', die the hardest. It can only end one way in the financial markets for the 'Joan of Arcs', a swan dive into a medieval mosh pit: https://www.youtube.com/watch?v=TBhv8M8rDJc