4 Comments
User's avatar
Anthony's avatar

I've recently learned a lesson in NFL bubbles: being in the 'NorCal' area, after the SNF 49er beat down of 'deem BOYS', the niners going undefeated this season was all the rage....at which point I was getting that nagging feeling on the back of the neck....

And all this poppycock talk of Goldilocks, perfectly priced markets & rates of late, I'm getting that back of the neck feeling again....

Expand full comment
Anthony's avatar

That verbose Bloomberg write up regarding Market Liquidity seems too convoluted and complicated. I, w/a BIG h/t to Credit Bubble Bulletin, would like to offer a more elegant, simpler, rational equation:

BTFP (circa March 2023) =Market Liquidity (aka HELIUM)

Expand full comment
Anthony's avatar

Waller comments=Freudian Slip Up

Expand full comment