Good morning … feeling as though I just hit SEND of a short weekend note, bit later than normal and I’m having quite a bit less than normal to say on a Monday morning.
latter part of week seems to be more related TO political angle -- literally just sitting here thinking / wondering same thing -- sorry not much help. month / quarter / H1 year end and 'painting tape' maybe (not heard anything specific) but idea that TRUMP more 'flationary than Biden? can't say I get that -- both gonna spend just differently? Technicals (momentum on dailies) overdone so correction ... pause that is refreshing? this week tough to get read as i'm fairly confident with holiday, desks will be very short-staffed (making any move more exaggerated and easily accomplished) so am not sure we're to take anything away from rates price action ... still looking ...
Bobby Bonilla Day, what a gold mine deal he struck for himself, thanks for the smile that story brings!
Most excellent today, great inflation analysis love all the charts!
Since you went there, and I am a Degenerate :), Never trust a woman if she offers a 3-way scenario. About the only thing I still agree w/Howard Stern on (finally outgrew him in 2017 I wonder why....) is it's a Loyalty-Sh!t test for a man. Don't fail it!
Bond Yields have jumped the last few days, is this mainly due to
Quarter End/Mid-Year Rebalancing ???
latter part of week seems to be more related TO political angle -- literally just sitting here thinking / wondering same thing -- sorry not much help. month / quarter / H1 year end and 'painting tape' maybe (not heard anything specific) but idea that TRUMP more 'flationary than Biden? can't say I get that -- both gonna spend just differently? Technicals (momentum on dailies) overdone so correction ... pause that is refreshing? this week tough to get read as i'm fairly confident with holiday, desks will be very short-staffed (making any move more exaggerated and easily accomplished) so am not sure we're to take anything away from rates price action ... still looking ...
Yes, appreciate it.....overbought
Very good, very good.....
Bobby Bonilla Day, what a gold mine deal he struck for himself, thanks for the smile that story brings!
Most excellent today, great inflation analysis love all the charts!
Since you went there, and I am a Degenerate :), Never trust a woman if she offers a 3-way scenario. About the only thing I still agree w/Howard Stern on (finally outgrew him in 2017 I wonder why....) is it's a Loyalty-Sh!t test for a man. Don't fail it!