xi jinping is a good guy for his country no doubt and I have no grudge against him or his country but then why does he deny the truth of the under performance of his country’s economy.
Roger Ver and I tell the tragic story of the Bitcoin takeover, how a small group of insiders took over the project and inverted its original design. Extremely well-sourced with over 280 references. Prepare to have your faith in Bitcoin shaken.
12:00 / In exactly 12 days hence donald will be inaugurated , yet again
to the chagrin of some, mostly deep-state types
unless … donald slips on a banana peel or chokes on a pea in his soup beforehand
At this tine in the new year markets are not fully back to normal liquidity and have trouble absorbing flows, which may acciount for the sell-off in UK bonds and GBP.
It may turn out to be morr fundamwntal but whatever the case just keep in mind the liquidity factor.
Pattern calls for continuation of downward momentum and attack at 91.300.00 – very important Support – loss of this one turns the picture into Bearish one for now, and opens the road to 87.400.00.
However if it holds and proves to be a tough cookie, Upward Angle would be preserved and we might see renewed attempts higher.
new narrative … hihihi
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bloomberg.com • 3 hours ago
Fed’s Waller Supports Further Interest Rate Cuts, Says Inflation Moving Lower – Bloomberg
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% target … blablabla
Anyhows,.,.. The new narrative is to buy dollar on blips especially on the large ones, once in profit and locked in then hedge it for the medium term, and secure the hedge as well. Use the balance of margin into buying weekly issues of paper a little at a time and keep turning over the cash.
The bond giggleante’s nowadays see the benefits of buying short term paper and some of them I heard have have built ladders to take advantage of the bond fiddleante’s misdeeds. hmmph… all that talk about bond’s laundyas…
Buffett has hundreds of billions parked in paper for good reason.. He is the richest man in the world no doubt and is sitting on a mountain of cash, musk they say is the world’s richest but his is notional wealth and not even a close comparison to buffett… IMO.
What is Bond vigilante – I prefer wiki’s explenation:
Wikipedia
March 20, 2024 – A bond vigilante is a bond market investor who protests against monetary or fiscal policies considered inflationary by selling bonds, thus increasing yields.